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Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343 Exercise 54
Confirmation Procedure. A CPA accumulates various types of evidence on which to base the opinion on financial statements. Among this evidence are confirmations from third parties.
Required:
a. What is an audit confirmation?
b. What characteristics of the confirmation process and the recipient are important if a CPA is to consider the confirmation evidence appropriate?
Required:
a. What is an audit confirmation?
b. What characteristics of the confirmation process and the recipient are important if a CPA is to consider the confirmation evidence appropriate?
Explanation
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Auditing Procedures
An audit is require...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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