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Audit balance confirmation letter. Confirmations are also used to collect audit testimony about the deficiency of specific situations. As the accounts manager of your company you must know how to frame this kind of a letter in a formal manner. Audit confirmation letter is a specific type of inquiry.

A balance Confirmation Letter is an official document issued to the creditors from the bank to confirm the balance as per the books or records. Visit here for Bank balance confirmation letter. Interest balance as at 31 December 2016.

When there is an official audit in the bank the auditors might ask the bank administration to send balance confirmation letters to all of their account holders in order to make sure there is no error or mistake in the financial statements prepared by the bank officials. Penalties balance as at 31 December 2016. Date Receivers Name Address Dear SirMadam With reference to the Confirmation of Outstanding Balance This is to inform you that the companys financial statements are currently being audited by the auditors.

Brief Description of Balance Confirmation Letter. The letter crosschecks the payments to verify the correct amount during the whole year. A Balance Confirmation Letter is a letter from the bank to its customer confirming certain details about the customers account s with the bank and some facilities availed from the bank during a particular financial year.

These letters are to cross check of payments to verify the true amountsfigures during a year certain time period or one payment only. Here is sample format of audit confirmation letter accounts receivable designed by professionals. Audit Companys Name of.

Greetings from Your Company name This is to inform you that Out books of accounts shows that creditdebit balance of rs. Below is the format for the same modification can be done as per your requirement. This letter is used to confirm the bank balance of the business account or personal bank account.

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