Confirmation is a commonly used procedure and method in auditing, which includes inquiry and confirmation. Inquiry is a method in which auditors conduct written or oral inquiries on relevant personnel to obtain audit evidence. Correspondence confirmation refers to a method in which the auditor sends a letter to a third party to confirm the matters contained in the accounting records of the audited unit. A bank confirmation letter is a letter sent to a bank to confirm bank deposits, bank loans, custodial securities, bills payable, etc. Financial institutions should provide confirmation responses in accordance with the relevant documents of the Ministry of Finance and the People's Bank of China.

1. Distinguish between inquiry for bank balance and inquiry for bank balance. The balance is the final result of all the amounts that occurred before a certain cut-off point in time. By inquiring about the bank balance, it can be confirmed whether the bank balance as of a certain point in time actually exists. The balance is the original record when the business occurred. By inquiring the bank balance, you can verify whether a certain banking business actually occurred. For example, when verifying an investor's investment in monetary funds, the bank confirmation letter is a confirmation of the bank balance. When auditing the bank deposit items listed on the balance sheet, the bank confirmation letter is a confirmation of the bank balance.

2. Sign correctly. The sender should sign the official seal. The replying party should sign the official seal of the unit on "Data proves correct" and "Data is inconsistent and matters needing explanation" respectively according to the actual situation, and have the signature or seal of the handling personnel. The official seal of the unit cannot be replaced by the official seal of the unit's internal organization.

3. Fill in the form truthfully and respond promptly. The sender should fill in the letter truthfully based on the unit's account books and records. The financial institution serving as the replying party should check the original records and fill in the items one by one in the bank confirmation letter. After completing the letter, it should be promptly replied to the accounting firm and reported to the accounting firm in accordance with relevant regulations. The sender charges a verification fee.

4. Pay attention to the scope of bank confirmation inquiries. Bank inquiries include not only banks with balances at a certain cut-off point, but also accounts with deposits, loans, custodial securities, and bills payable that have been settled. Because it is possible that the deposit account has been settled, but there are still bank loans or other liabilities; it is also possible that the loan account has been settled, but there is still unpaid interest.

5. The verification procedure must be appropriate. After the certified public accountant has written the confirmation letter and handed it to the audited entity for sealing, he should send the confirmation letter in person. He should not give the confirmation letter to the client. When obtaining the confirmation letter reply from the client, he must evaluate the reliability of the reply letter. Don't be careless.

6. The verification work papers must be complete. The list of bank inquiries, a copy of the postage receipt for sending the inquiry letter, and the work records of on-site inquiries at the bank must be complete and attached to the bank's relevant project approval form. The correct use of bank confirmation letters is of great significance for improving the quality of accounting information and ensuring the authenticity and integrity of bank-related projects.

The enterprise inquiry letter is a verification letter sent by the enterprise to the incoming unit in order to verify the authenticity of the transactions during the property inventory.

It is common that accountants need to ask the bank to confirm the account balance during the year-end audit. If this is the case, the bank will of course issue it based on the actual account balance of the bank

Some banks There is a fee for stamping the confirmation letter