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Obtaining confirmation

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(Querist)
14 July 2013 While performing company statutory audit,
should we obtain confirmations from debtors and creditors ? Is that compulsory ?
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CA Kumar Mukesh

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CA Kumar Mukesh (Expert)
14 July 2013
Its depends upon results of risk assessment procedures preformed & judgements of an Auditor, However obtaining of external confirmation is not compulsory

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