When determining the timing of the accounts receivable confirmations,
◦ the receivables cannot be confirmed at an interim date.
◦ if accounts receivable are confirmed before year-end, the auditor typically prepares a roll-forward schedule.
◦ if the receivables are confirmed at an interim date, they must also be confirmed at year-end.
◦ if internal controls are adequate, the accounts receivable must be confirmed at year-end.