AUDIT OF CASH BALANCE - Bank Confirmation Working Paper

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  • Опубліковано 19 січ 2025

КОМЕНТАРІ • 9

  • @0xxsapxx0
    @0xxsapxx0 2 роки тому

    Great refresher to some of the common audit procedures, thanks for the great quality contents 😇

    • @efiwecpa
      @efiwecpa  2 роки тому +1

      Thanks for watching!

  • @mosesphiri5515
    @mosesphiri5515 2 роки тому

    Educative Videos.

    • @efiwecpa
      @efiwecpa  2 роки тому +1

      Thanks for finding the videos educative.

  • @ThePinoyMamba
    @ThePinoyMamba Рік тому

    Thank you!!

    • @efiwecpa
      @efiwecpa  11 місяців тому

      You're welcome!

  • @seuna1631
    @seuna1631 2 роки тому

    Please I thought bank confirmations request should be printed on client letter head paper, secondly, if there are more than one signatory to the account, how will you append them to confirmation letter

    • @efiwecpa
      @efiwecpa  2 роки тому +1

      The bank confirmation is not usually printed on the client's letter head. The bank confirmation is a form which the auditors will fill in the required information and send it to the client for signature. Just one signatory is usually required. If there are more than one signatory any of them can sign the form and return it to the auditor then the auditor will send the form to the bank for confirmation.

    • @seuna1631
      @seuna1631 2 роки тому

      @@efiwecpa hank you Efiwe CPA