Explain the purpose of the following audit procedures: a. Sending a bank confirmation to all the banks
Question:
Explain the purpose of the following audit procedures:
a. Sending a bank confirmation to all the banks with which the company does business.
b. Obtaining a bank cutoff statement.
c. Preparing a bank transfer statement.
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a Sending a bank confirmation to all the banks with which the company does business The auditor usua...View the full answer
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Related Book For
Auditing a business risk appraoch
ISBN: 978-0324375589
6th Edition
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston
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