The phrase "audit confirmation" is correct and usable in written English.
It is typically used in the context of financial audits to refer to a process where an auditor seeks verification of account balances or transactions from third parties.
Example: "The auditor sent out several audit confirmations to the bank to verify the client's account balances."
Alternatives: "audit verification" or "confirmation request".
Further, it asserts, the firm "failed to conduct independent audits on the 17 Parmalat subsidiaries which it was engaged to audit" from 1999 to 2003, "but rather participated in the falsification of audit confirmation documents".
Nine food vendors were charged with helping to inflate the earnings of a U.S. subsidiary of Dutch grocery giant Royal Ahold by signing false audit confirmation reports.
If you've just received an email from a company performing "audit confirmation procedures" on your loan, you probably have a lot of questions about this strange request.
In 2005, external auditors informed Stewart that the same fax number was being used to send them audit confirmations for T.I.B.C. loan customers.
Financial Asset Management, Mr. Rader and Ms. Kennedy "acceded to extraordinary requests," the agency said, that made it possible for Mr. Berger to send fictitious audit confirmations to auditors and mislead the fund's administrator and investors about its assets and performance.
They confirmed credibility, fittingness, audit-ability and confirmation of the analysis.
The system design audit is a detailed confirmation of the sizing of each major component in the system.
Three yearly recertification including an audit of activity and confirmation of attendance at a national educational conference is required.
Frank Keith, an I.R.S. spokesman, said Thursday that the estate and gift tax unit had in fact suspended those audits in March, although the agency's initial confirmation of the audits did not mention any such action.
Moreover, because the tax department of the incumbent audit firm renders the tax confirmation services, individual auditors of listed enterprises are only commissioned to conduct the actual audit.
In some cases, banks sent confirmations to the audit firm directly — despite not being asked to do so — and those statements differed markedly from the ones the management provided.
