Balance confirmation

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 March 2012 Any 1 can just help me out in figuring whether Auditor can send Direct communications (Balance Confirmation Letter) to Third parties i.e. Debtors or Creditors of Auditee for confirming their balance as per books of Auditee...!!

If yes then is there any specified format for such letters then please give me a proforma of such letter..!!

CA Kishore Tallam

CA Kishore Tallam (Expert)
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14 April 2012 Yes. Auditor can send confirmation directly to debtors or creditors for confirming balances. However, the auditors letter should also be accompanied by Company's authorisation letter to confirm the balances to auditor. There is no specific format for it. Refer Standards on auditing where u may get some format.

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