Explain the different types of bank confirmations and what assertions each type addresses.
June 6, 2020 Comments Off on Explain the different types of bank confirmations and what assertions each type addresses. Uncategorized Assignment-help

Bank confirmations are critical to the cash audit. What information does the auditor obtain by sending bank confirmations? Explain the different types of bank confirmations and what assertions each type addresses. How do you determine which is the best bank confirmation type to use?