AUDIT OF CASH BALANCE - Bank Confirmation Working Paper

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Auditing cash requires auditors to obtain evidence over the existence of cash balance. Bank confirmation is the most common way through which auditors obtain this evidence. In this video, Efiwe CPA will help you will learn how to fill out a Bank confirmation.
#audit #efiwe #cpa

Опубликовано:

18 сен 2024

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Комментарии : 9

@0xxsapxx0 2 года назад

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

@efiwecpa 2 года назад

Thanks for watching!

@ThePinoyMamba 8 месяцев назад

Thank you!!

@efiwecpa 7 месяцев назад

You're welcome!

@mosesphiri5515 2 года назад

Educative Videos.

@efiwecpa 2 года назад

Thanks for finding the videos educative.

@seuna1631 2 года назад

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 2 года назад

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 2 года назад

@@efiwecpa hank you Efiwe CPA