Bank Confirmations
Agree what each bank confirms directly to the statements, the ledger and the disclosures.
- Ledger + bank confirmation replies
- Key analysis in Cash & financing
How the result is read
A bank confirmation is evidence the entity never touched (ISA 505). Each confirmed account is agreed to the statement balance at year end and, through the ledger account the statement belongs to, to the ledger. The confirmation also lists what no statement shows — accounts the entity did not mention, facilities, guarantees, security — and an account held in no ledger account is cash or a liability outside the financial statements.
In the application
Bank Confirmations is filed under Cash & financing, index letter G. "Run all analyses" runs it with every other analysis the ledger and the documents loaded can answer. The worksheet states the population it tested on its face — or "Not applicable" with the reason when a column it depends on is empty — and the Excel workbook the engagement exports files it under G, beside an index of the source files with their SHA-256 fingerprints.
Read it with
Run your next audit file test without the Excel crash.
One free engagement to evaluate, valid 60 days. The ledger never leaves the machine.
- 20 minutes
- Runs on a fictional engagement
- No client data required