Confirmations
Evaluate customer confirmations against the listing, and route the silences to the alternative procedure.
- Ledger + 2 client documents
- Key analysis in Revenue & receivables
How the result is read
A confirmation is evidence only in what it says back (ISA 505, AU-C 505). Each reply is compared with the balance the aged debtors listing gives for that customer; a disagreement is listed with the difference and the customer’s own explanation, because the explanation is what decides whether it is a timing item or a misstatement. A request with no reply is not evidence at all, so it is shown beside the alternative procedure — cash received after year end — and coverage closes the sheet.
In the application
Confirmations is filed under Revenue & receivables, index letter C. "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 C, 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