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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Managerial Accounting
Authors: Kurt Heisinger, Joe Ben Hoyle
2nd edition
1453375723, 1453375724, 978-1453375716
