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Author Question: Auditor confirmation of accounts payable balances at the balance sheet date maynotneed to be ... (Read 31 times)

Deej

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on: Aug 21, 2022

Question 1

Discuss the circumstances in which it is desirable to send confirmation requests to the client's vendors.

Question 2

Auditor confirmation of accounts payable balances at the balance sheet date may not need to be performed by the auditor because
◦ this is a duplication of cutoff tests.
◦ there is likely to be other reliable external evidence available to support the balances.
◦ accounts payable balances at the balance sheet date may not be paid before the audit is completed.
◦ correspondence with the audit client's attorney will reveal all legal action by vendors for nonpayment.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by Deej on Aug 21, 2022

zubair1583

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Deej

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

matt95

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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