A CPA accumulates various types of evidence on which to base the opinion on financial statements. Among

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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?

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Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

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