Question
a)Describe the purpose of external confirmations and why they are considered a persuasive form of audit evidence. Additionally, identify one control that auditors should follow
a)Describe the purpose of external confirmations and why they are considered a persuasive form of audit evidence. Additionally, identify one control that auditors should follow to ensure they are utilizing confirmations appropriately. b)Provide three examples of external confirmations and what account balances these confirmations would be used for in an audit.
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Auditing a risk based approach to conducting a quality audit
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
9th edition
9781133939160, 1133939155, 1133939163, 978-1133939153
