What is an audit confirmation

Reference no: EM131046966

Accounts Receivable Confirmations - Positive and Negative. In work on accounts receivable, use of confirmations is of great importance.

Required:

A. What is an audit confirmation?

B. What characteristics should an audit confirmation possess if an auditor is to consider it as sufficient appropriate audit evidence?

C. Distinguish between a positive and a negative accounts receivable confirmation.

D. In confirming a client's accounts receivable, what characteristics should be present in the accounts if the auditor is to use negative confirmations?

Reference no: EM131046966

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