Aicpa address

Asked by maham237 @ in Business viewed by 154 People

Aicpa auditing standards address the confirmation of accounts receivable for private company audits. what are the circumstances under which confirmation of accounts receivable is not required

Answered by maham237 @


Answer:

Confirmation of accounts receivables is not required when the account information is immaterial.

An account is said to have immaterial information when the account doesn't reflect any important or relevant information that can affect the opinions or decisions of shareholders, potential investors or creditors of the company.

The auditors have the responsibility of deciding what information is relevant and important and what is immaterial


Similar Questions

Overcoming fixed mindset: a step-by-step guide to cultivating a growth mindset

Asked by wiki @ in Health viewed by 1243 persons

Which of the following would best complete this list?

Asked by wiki @ in Social Studies viewed by 711 persons

What had the king decided to do before he saw the spider

Asked by vanshika149 @ in English viewed by 1104 persons

Describe the karez in your own words

Asked by rajesh064 @ in English viewed by 1262 persons

What is 8 + (x + 5)?

Asked by jaylord7 @ in Mathematics viewed by 1060 persons

Take any three non-collinear points a b c and draw triangle a,b,c. through each vertex of the triangle draw a line parallel to the opposite side using ruler and compass

Asked by wiki @ in Mathematics viewed by 1455 persons

What is the topic of the info grapher

Asked by jesus643 @ in History viewed by 1350 persons

Elephant kills 11 in nepal , woman rescued from a friendly dolphine

Asked by kavin044 @ in English viewed by 1230 persons

What is the central idea of this excerpt? the goatherd wants the wild goats to join his herd. the bad weather keeps all the goats in their enclosure. the goatherd gives his own goats just enough food to survive. the wild goats leave because the goatherd mistreats his own goats.

Asked by nevaeh10 @ in English viewed by 1514 persons

What is the subject complement in the sentence ‘a long walk up the hill made us tired '

Asked by dog3636R @ in English viewed by 1302 persons

(-3,0);slope =2/3

Asked by timothy2 @ in Biology viewed by 1602 persons

Which is an example of situational irony in "wherefore art thou romeo?”

Asked by noah5213 @ in English viewed by 1537 persons

According to the elements of style, which sentence is written in active voice? the acceptance speech was given by the award winners. the pennants were won by the championship team. a memorable evening was had by all who attended the event. the workers took precautions while digging along power lines.

Asked by elijah67 @ in World Languages viewed by 1487 persons

Write two paragraphs to compare and contrast the narrators’ schools and explain how their schools shape their perspectives toward the hijab. cite evidence from the text to support your ideas.

Asked by evette57 @ in History viewed by 1675 persons

How to enhance knowledge regarding environmental factors through capsim?

Asked by wiki @ in Business viewed by 1703 persons

Most viewed questions in Business

Foolproof module 9 test answers

Asked by maham237 @ in Business viewed by 3322 persons

Able, baker, and charles are engaged in the marketing to and enrollment of beneficiaries into medicare health plans. mr. able is an independent agent paid directly by a health plan. ms. baker is an independent agent paid through a field marketing organization (fmo). mr. charles is an independent agent paid for his work by a third-party marketing organization (tmo). how do the cms compensation rules apply to these three agents?

Asked by maham237 @ in Business viewed by 2738 persons

Interest rates are expressed as a percentage of

Asked by maham237 @ in Business viewed by 2110 persons

How to enhance knowledge regarding environmental factors through capsim?

Asked by wiki @ in Business viewed by 1703 persons

Match the job titles with the career clusters.

Asked by maham237 @ in Business viewed by 1481 persons

A company that allows you to license software

Asked by maham237 @ in Business viewed by 1294 persons

Lupe is ready to open a checking account

Asked by maham237 @ in Business viewed by 1287 persons

Mays and mccovey are beer brewing companies

Asked by maham237 @ in Business viewed by 1217 persons

What must be marked on ready to eat bags phfs

Asked by maham237 @ in Business viewed by 1172 persons

Coq six sigma

Asked by maham237 @ in Business viewed by 1141 persons

Henry ford was the first entrepreneur to implement which strategy

Asked by maham237 @ in Business viewed by 1086 persons

Your company was recently served with a lawsuit

Asked by maham237 @ in Business viewed by 1075 persons

Case study starting a business project schedules and curves edgenuity

Asked by maham237 @ in Business viewed by 1065 persons

Which two of the four cs of credit have to do with earning potential and available cash?

Asked by wiki @ in Business viewed by 985 persons

The total annual expenditures on advertising in the united states

Asked by maham237 @ in Business viewed by 972 persons