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What procedures should Sharky perform to gain

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Question - Sharky Simmons, CPA, is auditing the financial statements of Boston Company. Sharky is a first-year auditor and has been given the task of overseeing the confirmation of accounts receivable as a test of Boston Company's overall accounts receivable balance.

Required -

Under what circumstances could Sharkey justify NOT confirming Boston's accounts receivable?

In designing confirmation requests, what factors about the type of confirmation form/letter, the client, or the client's customers are likely to affect Sharky's assessment of the reliability of the confirmations that Sharky sends?

What alternative procedures could Sharky perform if replies to positive confirmation requests are not received?

What procedures should Sharky perform to gain sufficient evidence regarding Boston's allowance for uncollectible accounts?

Reference no: EM132975090

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