Difference between The two

What is the difference between the External Confirmation and comparison with Statement of
accounts obtained from External Party?
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Quick Summary
This discussion clarifies the difference between external confirmations and statements of accounts obtained from external parties. An external confirmation is generally a certificate, whereas a statement of accounts is a ledger provided by an external party. The common practice is to obtain the parties' ledgers, also known as statements of accounts, for verification.

External confirmation is usually in the form of certificate.
Statement of accounts is ledgers obtained from external party
Normally it is practice to obtain parties ledgers ( Statement of Accounts ) .

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