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