How to Determined the Reliabilty of External Confirmation..?

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Reliability of External Confirmation. ??

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Ravi Staff April 17, 2018

whats the doubt kapil ?
it depends on

  1. Whether external confirmation process was properly planned and executed
  2. whether confirmation came from proper third party and source (proper branch of third party anf proper authority) 
  3. communication medium used
  4. secured environment if confirmed electronically
  5. unqualified language 
  6. directly received by auditor 

 

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