As one of the year-end audit procedures,the auditor instructed the client's personnel to prepare a standard bank confirmation request for a bank account that had been closed during the year.After the client's treasurer had signed the request,it was mailed to the bank by the assistant treasurer.What is the major flaw in this audit procedure?

Question

Quizplus · Accepted Answer

The major flaw is that the request was mailed by the assistant treasurer, which could compromise the integrity of the confirmation process. The auditor should control the mailing to ensure the bank receives the request directly from the auditor, preventing any potential tampering by the client's personnel.

As One of the Year-End Audit Procedures,the Auditor Instructed the Client's