Does AuditConfirmations create the appropriate documentation to comply with AICPA requirements?
AuditConfirmations is designed to comply with relevant financial institution privacy, security legislation, and the United States Code (15 USC 7001:Electronic Signature Act, 15 USC 6801-6809:Gramm-Leach Bliley Act). It is also designed to comply with AU sec. 330 and 9330 pars. .01-.08, The Confirmation Process and AU sec. 326, Evidential Matter (AICPA, Professional Standards, vol. 1).
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