Register now or log in to join your professional community.
Agree with Mr Wilfredo , However, also to tell that in IAS or GAAP or in many local standerdes, the meaning are very close
Positive confirmation - A request that the confirming party respond directly to the auditor indicating whether the confirming party agrees or disagrees with the information in the request, or providing the requested information. When a Response to a Positive Confirmation Request Is Necessary to Obtain Sufficient Appropriate Audit Evidence
Negative confirmation - A request that the confirming party respond directly to the auditor only if the confirming party disagrees with the information provided in the request
