In limited use of negative confirmation: (a) a very low exception rate is expected (b) the auditor is not aware of circumstances or conditions that would cause recipients of negative confirmation requests to disregard such requests. sir yeah 2 point explain kro na..thank you

1 answer

Ravi Staff August 31, 2018

please see video on SA 505 we have explained it in detail whole thing with example of “herba life” — when to use negative confirmation request. 

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