Discuss the utility of using confirmations to test the valuation of accounts receivable. Assuming that the auditor

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Discuss the utility of using confirmations to test the valuation of accounts receivable. Assuming that the auditor has decided to employ confirmations, discuss the possible ways the auditor may use them (i.e., positive vs. negative, to whom they should be sent, and so on). How should the auditor treat a request for confirmation that is not returned?

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Auditing Assurance And Risk

ISBN: 9780324313185

3rd Edition

Authors: W. Robert Knechel, Steve Salterio, Brian Ballou

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