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The Audit Balance Confirmation Letter is a critical document in the external audit process within Saudi Arabia, governed by SOCPA regulations and international auditing standards. This document is typically used during the annual audit cycle or special audit engagements to obtain independent verification of a client's banking relationships and account balances. The letter must include specific authorization from the client company, comply with Saudi Arabian banking regulations, and follow prescribed formats for requesting information about bank accounts, loans, deposits, contingent liabilities, and other banking arrangements. The confirmation process helps auditors gather reliable audit evidence and fulfills regulatory requirements for external audits in Saudi Arabia. The document's format and content must align with both local and international professional standards while considering specific requirements of Saudi banks and regulatory authorities.

1. Letterhead and Date: Auditor's firm letterhead and current date

2. Bank Information: Full name and address of the bank branch

3. Reference Line: Client name, audit reference number, and period under audit

4. Purpose Statement: Clear statement of the purpose of the letter and audit engagement

5. Client Authorization: Statement confirming client's authorization to request information

6. Account Details: Specific account numbers and types requiring confirmation

7. Information Request: Detailed list of information being requested from the bank

8. Response Instructions: Clear instructions on how and where to send the confirmation

9. Confidentiality Statement: Statement regarding the confidential nature of the information

10. Signature Block: Auditor's signature, name, designation, and firm details