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Y Srikantha Reddy   26 July 2021

Difference between The two

What is the difference between the External Confirmation and comparison with Statement of
accounts obtained from External Party?


 2 Replies

CA Altamush Zafar

CA Altamush Zafar (GST Consultant)     26 July 2021

External confirmation is usually in the form of certificate.
Statement of accounts is ledgers obtained from external party
prasad Nilugal

prasad Nilugal   26 July 2021

Normally it is practice to obtain parties ledgers ( Statement of Accounts ) .

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