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when using receivables confirmation,if the auditor fails to receive direct confirmation from the receivables,what is the auditor suppose to do?
Normally, with the client’s permission, the auditor will write to the debtor asking them to please reply to the original request. If nothing happens, and the debt is particularly material, the auditor might ask if the client could phone the client to encourage a reply.
If still nothing, that’s the end of the trail and other methods would have to be found to get evidence about the various assertions.
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