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Confirmation Program Overview 2015 2016 Part 1 Principles “The What 1. Since following Jesus Christ means more than simply knowing about him, an effective confirmation ministry does more than convey
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Confirmation program overview provides a summary of the confirmation program implemented by an organization to ensure the accuracy and completeness of financial transactions.
All organizations that are subject to financial reporting requirements must file a confirmation program overview.
Confirmation program overview can be filled out by detailing the steps taken by the organization to confirm financial transactions and the results of those confirmations.
The purpose of confirmation program overview is to demonstrate that the organization has effective controls in place to verify the accuracy of financial transactions.
Information such as the procedures used to confirm transactions, the frequency of confirmations, and the personnel responsible for carrying out the confirmations must be reported on the confirmation program overview.
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