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Author Question: Under which of the following circumstances would it be advisable for the auditor to confirm accounts ... (Read 44 times)

Dannyrod2

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on: Aug 21, 2022
Under which of the following circumstances would it be advisable for the auditor to confirm accounts payable with creditors?
◦ The internal accounting control over accounts payable is effective, and there is sufficient evidence on hand to minimize the risk of a material misstatement.
◦ The confirmation response is expected to be favorable, and accounts payable balances are of immaterial amounts.
◦ The creditor statements are not available and internal control over payables is deficient.
◦ The majority of accounts payable balances are with associated companies.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by Dannyrod2 on Aug 21, 2022

ad2018

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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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Dannyrod2

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

laurnthompson

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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