1. An audit test that consists of written requests to *third parties to confirm the existence and accuracy of items in financial statements. A common example is the circularization by external auditors of a sample of an organization’s customers, to obtain documentary evidence of *accounts receivable balances. A positive circularization is one in which the third party is asked to confirm a communicated balance, whether correct or incorrect. A negative circularization is one in which a third party is requested to reply only if a stated balance is incorrect or disputed. Third party evidence is generally considered by auditors to be of high value, and circularization procedures are therefore considered to provide strong *audit evidence. See also *confirmation letter. 2. The distribution of a leaflet or similar document among a group of individuals or organization. An example is the mailing of the details of sales offers to an organization’s customers.

Auditor's dictionary. 2014.

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  • circularization — circularization. См. циркуляризация. (Источник: «Англо русский толковый словарь генетических терминов». Арефьев В.А., Лисовенко Л.А., Москва: Изд во ВНИРО, 1995 г.) …   Молекулярная биология и генетика. Толковый словарь.

  • circularization — (Amer.) n. distribution of circulars, circulating leaflets as a means of advertizing; making circular (also circularisation) …   English contemporary dictionary

  • circularization of debtors — 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). The object is to… …   Accounting dictionary

  • circularization — noun see circularize …   New Collegiate Dictionary

  • circularization — See circularize. * * * …   Universalium

  • circularization — noun The distribution of publicity circulars …   Wiktionary

  • circularization — cir·cu·lar·i·za·tion …   English syllables

  • circularization — The self ligation of a linear DNA fragment having complementary ends, generally generated by digestion with a restriction endonuclease. Successful ligation produces a molecule in the form of a covalently closed circle. Plastid DNA and plasmids… …   Glossary of Biotechnology

  • circularization — noun circulating printed notices as a means of advertising • Syn: ↑circularisation • Derivationally related forms: ↑circularise (for: ↑circularisation), ↑circularize • Hypernyms: ↑ …   Useful english dictionary

  • циркуляризация — circularization циркуляризация. Лигирование фрагмента ДНК в ковалентно замкнутое кольцо с участием рестриктазы <restriction endonuclease>. (Источник: «Англо русский толковый словарь генетических терминов». Арефьев В.А., Лисовенко Л.А.,… …   Молекулярная биология и генетика. Толковый словарь.

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