FINANCIAL INSTITUTION CONFIRMATION REQUEST Definition

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FINANCIAL INSTITUTION CONFIRMATION REQUEST is a confirmation sent to the client's bank or other financial institution asking the bank to confirm directly to the auditor information about balances at a particular date.

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G&A usually refers to the indirect overhead costs contained within the General and Administrative expense / cost categories See also SG&A.

ACCOUNT-CLASSIFICATION METHOD, also called account analysis, is a cost estimation method that requires a study of an account in the general ledger. The experienced analysts use the account information as well as their own judgment to determine how costs will behave in the future.

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