What Is Circularization in Auditing?
Quick Reference. a Technique Used by an Auditor in Which All Debtors to a Company Are Asked to Confirm the Amounts Outstanding (Positive Circularization) or to...
Quick Reference. A technique used by an auditor in which all debtors to a company are asked to confirm the amounts outstanding (positive circularization) or to reply if the amount stated is incorrect or in dispute (negative circularization).
What is the meaning of Circularisation?
1. circularisation - circulating printed notices as a means of advertising. circularization. publicizing, advertising - the business of drawing public attention to goods and services.
Who is a debtor?
A debtor is a company or individual who owes money. If the debt is in the form of a loan from a financial institution, the debtor is referred to as a borrower, and if the debt is in the form of securities—such as bonds—the debtor is referred to as an issuer.
David Miller brings 15 years of experience in global economics, personal finance strategy, and market dynamics. He specializes in turning complex economic trends into actionable insights for everyday readers.
