Information concerning 'other arrangements' with banks is obtained from the client's banks, in the bank confirmation form. This information is likely to include:

Question

Quizplus · Accepted Answer

Unused facilities are typically included in the information concerning 'other arrangements' with banks obtained through the bank confirmation form. This helps auditors understand the client's available credit lines that have not been utilized.

Information Concerning 'Other Arrangements' with Banks Is Obtained from the Client's