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Audit Cash Confirmation
"Need an Audit Cash Confirmation for our Singapore subsidiary's multiple bank accounts (3 local banks, 2 foreign banks) for the fiscal year ending March 31, 2025, including confirmation of any restricted accounts and foreign currency holdings."
1. Bank Details: Full details of the bank account(s) being confirmed, including account numbers and types
2. Date of Confirmation: Specific date for which the cash balance is being confirmed
3. Balance Confirmation: Explicit statement of the cash balance(s) being confirmed
4. Authorization: Client's authorization for the bank to release information to auditors
5. Bank Officer Declaration: Statement from authorized bank personnel confirming the accuracy of information
1. Restricted Accounts: Details of any restrictions on accounts, including liens or holds on the accounts
2. Other Banking Relationships: Information about other banking services or facilities when client has multiple banking relationships
3. Foreign Currency Accounts: Details of foreign currency balances and applicable exchange rates for foreign currency accounts
1. Schedule A - Account Listings: Detailed list of all accounts being confirmed
2. Schedule B - Authorized Signatories: List of persons authorized to operate the accounts
3. Appendix 1 - Terms and Conditions: Standard terms and conditions for the confirmation process
4. Appendix 2 - Supporting Documents: Copies of relevant bank statements or other supporting documentation
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