Confirmation.com - Why is there more than one form type available on Responder profiles?

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FAQ

Why is there more than one form type available on Responder profiles?

Published:  03/08/2015

  Answer:

  • Per SAAPS 6, the existing lengthy external confirmation request form has now been split up into nine individual forms which will enable an auditor to select those forms, and request the information, directly relevant to specific client circumstances. An auditor can now use professional judgment, based on the specific circumstances and risks of an entity, to choose which of the individual form types are relevant to the entity being audited. The selected forms can then be sent to the financial institution for external confirmation. (SAAPS 6, Appendix B, pg. 17)
  • For more guidance on what form to use, refer to the Responder Instructions on the Community. Click here┬áto access the page.
 
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