Non receipt of bank account during audit
This query is : Resolved
23 September 2016
Hello Sir
Kindly help me on reporting of observation in audit report when the auditor is not provided with the bank statement during audit (i.e. how to report the same in audit report). As per explanation given by auditee client, the bank account is not in operation for last four to five years and therefore bank is also not providing with the statement or balance certificate.
Kindly help me on reporting of observation in audit report when the auditor is not provided with the bank statement during audit (i.e. how to report the same in audit report). As per explanation given by auditee client, the bank account is not in operation for last four to five years and therefore bank is also not providing with the statement or balance certificate.
23 September 2016
According to Standard on Auditing, External Confirmation, Auditor Directly Send the Balance Confirmation to the Bank.
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