Au 330 the Confirmation Process

The Confirmation swear out 345 AU S electroshockion 330 The Con?rmation Process (Supersedes larntribution 331.03.08.) line: SAS no(prenominal) 67. Effective for examines of ?scal periods ending after June 15, 1992, unless otherwise indicated. first appearance and Applicability .01 This partitioning provides steering about the lift?rmation process in analyses performed in conformism with generally accepted inspecting standards. This section De?nes the fiddle?rmation process (see split .04). Discusses the relationship of victimize?rmation procedures to the auditors assessment of audit risk (see paragraphs .05 through .10). Describes certain factors that affect the reliability of confidence game?rmations (see paragraphs .16 through .27). Provides guidance on performing alternative procedures when responses to con?rmation requests be not received (see paragraphs .31 and .32). Provides guidance on evaluating the results of con?rmation procedure s (see paragraph .33). Speci?cally addresses the con?rmation of accounts receivable and supersedes section 331, Inventories, paragraphs .03.08 and the portion of section 331.01 that addresses the con?rmation of receivables (see paragraphs .34 and .35). This section does not supersede the portion of section 331.01 that addresses the comment of inventories.

.02 This section does not address the extent or time of con?rmation procedures. Guidance on the extent of audit procedures (that is, considerations mixed in determining the number of items to con?rm) is build in section 350, Audit Sampling, and section 312, A udit risk and corporeality in Conducting a! n Audit. Guidance on the timing of audit procedures is include in section 318, Performing Audit Procedures in chemical reaction to Assessed Risks and Evaluating the Audit Evidence Obtained. [Revised, March 2006, to re?ect conforming changes necessary due to the issuance of Statement on Auditing Standards No. 110.] .03 In addition, this section does not address matters expound in section 336, Using the...If you want to get a safe essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper