Bank Confirmation

2 Posts
1 Sections
1 Types

August 31, 2024 5 min read Definitions

Bank Confirmation: Essential Audit Practice

Auditing Finance Banking Bank Confirmation Audit Financial Verification Asset Confirmation Accounting

A comprehensive guide to understanding Bank Confirmation, its historical context, types, key events, detailed explanations, and relevance in auditing.

August 31, 2024 4 min read Definitions

Confirmation: Technique for Third-Party Evidence in Auditing

Auditing Accounting Confirmation Auditing Third-Party Evidence Bank Confirmation Circularization of Debtors

An essential technique used by auditors to validate information provided by clients, typically through third-party verification. This article delves into the methods, importance, and practical applications of confirmations in auditing.