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What is an audit confirmation

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Reference no: EM131617883

Question: Confirmation Procedure. A CPA accumulates various types of evidence on which to base the opinion on financial statements. Among this evidence are confirmations from third parties.

Required: a. What is an audit confirmation?

b. What characteristics of the confirmation process and the recipient are important if a CPA is to consider the confirmation evidence appropriate?

Reference no: EM131617883

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