Interim confirmations of debtors and creditors cost more because of the need to audit transactions recorded during

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Interim confirmations of debtors and creditors cost more because of the need to audit transactions recorded during the period from the confirmation date to the year end. They also provide poorer quality evidence because of the additional reliance on documents which have been prepared by the company’s staff. Should this approach to testing be discouraged on the grounds that it is against the shareholders’ best interests?

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