Question: What are the risks associated with using external parties like Confirmation.com to confirm accounts like cash, accounts receivable, debts, etc in an audit? What controls

What are the risks associated with using external parties like Confirmation.com to confirm accounts like cash, accounts receivable, debts, etc in an audit? What controls must 3rd parties like Congirmation.com have in place?

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The Current Risk Environment Evolving business trends like increased regulation outsourcing offshoring and value pressures are motivating executives to seem outside of their primary business operation... View full answer

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