Bank confirmation serves as a critical document used in the audit. The purpose of bank confirmation is to independently verify and confirm the accuracy of financial information related to a company’s bank accounts.
This confirmation is requested by auditors to directly obtain information from a bank regarding a company’s bank balances, loans, hire purchases and other relevant details. The purpose is to ensure that the financial records held by the company align accurately with the bank’s records.
MACROSS helps you to build your business globally.
Our services are offered in Malaysia, Singapore, Indonesia, Philippines, Japan, China, Hong Kong and Taiwan.