What is impoetance
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 April 2015
why statutory auditor demand Ledger balance confirmation of any party.
26 April 2015
To check whether balance in your book is in confirmation with the balance as per books of other party. It is a very important procedure for audit and finalization.
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 April 2015
but sir.
i just want to know what is criteria for balance confirmation
i just want to know what is criteria for balance confirmation
26 April 2015
You just need to send a letter stating the balance and asking the party to confirm it.
Check out the format of Balance confirmation letter from link given below:
https://www.caclubindia.com/share_files/balance-confirmation-letter-59430.asp
Check out the format of Balance confirmation letter from link given below:
https://www.caclubindia.com/share_files/balance-confirmation-letter-59430.asp
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