Are bank confirmations required for an audit. 1 Sham Mong Road, Kowloon, Hong Kong. JLK Rosenberger works with our clients to ensure the confirmation process goes smoothly. Ensure instrument numbers are listed on an Excel spreadsheet for GIC/Term Deposits and deposit accounts, if required. our clients and their CPAs with an easy-to-use online solution for timely audit confirmations. Normally, auditors fill the format of the bank confirmation, send to the audit client for review and sign. Complete all required information fields as follows: Company Information. How useful did you find bank confirmations as Step 1: Add a Client Profile. Like all confirmations, they can be equally effectively and Bank confirmations am most effective the powerful when the financial affirmations contain material amounts of currency, and the auditor had identified entered or industry factors that Go to www. what the auditor understands to be requested is the same as that received by the bank). During an audit, the management of the auditee business will provide their auditors with a list of all bank balances that are reported in the financial statements of a business. Introduction. In this mini-case you will audit and evaluate documents such as bank confirmations and bank reconciliations in the audit of one of EarthWear's cash accounts. Helpful Tip: Depending on the type on confirmation, you will insert the tables Scope of this PSA. 28, 2023, voted unanimously to adopt a new standard that modernizes the auditor’s confirmation process. No paper required anymore confirm bank balances receivable and payable balances and legal confirmations. External Confirmation Procedures to Obtain Audit Evidence 2. the confirmation process, they carefully defined what is and is not an electronic confirmation as well as the steps auditors must take to ensure a confirmation is reliable audit evidence. Consolidatedforms • A consolidated form is a full entity search of bank records. support@confirmation Sep 29, 2020 · The AICPA is now offering the Standard Form to Confirm Account Balance Information with Financial Institutions as a FREE fillable PDF. Dec 22, 2023 · These are departments that have not launched on Confirmation. com for their audit confirmation needs. confirmation procedures to obtain audit evidence in accordance with the requirements of HKSA 3301 and HKSA 500. Under U. Confirmation is a technique that auditors use to obtain or verify information about a company The auditor transmits the request to. The auditor determined that the controls over cash are satisfactory and can be Easy, fast confirmations. Scope of this SA. Relay UK: 18001 020 3770 5450. any time. (1) Auditors send bank confirmations for most active bank accounts. Dec 31, 2019 · When payments. Select which accounts/forms you wish to confirm. 2. . com. Audit evidence obtained as a direct written response to the auditor from a third party (the confirming party), in paper form, or by electronic or other medium. 1 HSBC customers that are clients of the requesting auditor do not need to register with Confirmation. Signer Information: If you are sending bank confirmations, this signer must match the bank’s mandate. Next Step: Formatting the Items to be Confirmed. Step 1. A bank confirmation is a written confirmation sent by the auditor to all the banks in which an auditee business holds accounts. The average TAT of the bank confirmation reply from the respondent banks is 7 days (the fastest TAT is 1 day). The includes— Selecting items for which confirmations are to be requested. Confirmation. Accounting questions and answers. Jul 9, 2022 · However, it has come to the notice of the Institute of Chartered Accountants of India (ICAI) that, in recent years, auditors are facing various difficulties in obtaining external confirmations from banks. 5 million auditors, bankers, and financial professionals around the world trust Thomson Reuters® Confirmation to validate data and identify fraud. , Valco Trust House, Accra, Ghana: Stanbic Bank - Kenya: Westlands Rd, Nairobi, Kenya: Standard Bank significant to the audit. Like all feedback, they can be both inefficient the efficient, but only on the extent this auditor has properly identified and assessed the significance of the risks the exist intended to address and executed the confirmation process. Because it is so important for checking proper balances and The primary risks of the traditional process are encountered when validation is skipped or auditor control of the process is lost. Faster confirmations. Liability. Amendments: Amending releases and related SEC approval orders. Although each audit engagement is unique, this chapter discussed the general factors to consider in using the written confirmation procedure. (i) A bank confirmation has not been received despite extensive follow up by the client. For audit clients, it reduces the risk of fraud which may potentially go undetected by auditors and at the same time protects the interest of Dec 20, 2022 · December 20, 2022 · 5 minute read. Many bank confirmation request letters are sent to banks annually by auditors for confirmation of their clients' bank balances and arrangements. This Philippine Standard on Auditing (PSA) deals with the auditor’s use of external confirmation procedures to obtain audit evidence in accordance with the requirements of PSA 3301 and PSA 500. 20, 2022, voted unanimously to issue another proposal for comment. Auditor selection : ANZ and then, select your client’s applicable responding department Audit Confirmations (Retail) 5/833 Collins St Docklands VIC 3008 : Requests lodged via Confirmation: Tel: +61 3 7000 6080 [email You’ll need to submit a separate request for accounts held with Lloyds Bank, Bank of Scotland, and/or Lloyds Bank Corporate Markets. com to request bank confirmation: Jul 14, 2021 · Three forms of confirmations include: Positive. com, one of the world’s leading online audit confirmation solutions to assist auditors manage the audit confirmation process. Email: customer. Where the aforementioned “blanks” or "inputs" are, drag the respective field over into the text box. Aug 7, 2023 · The following is a breakdown of the best structure for a comprehensive audit confirmation letter sample. If the experience with your auditor has not been smooth, please call us at 818-334-8645 or click here to contact us. If auditors have difficulties on individual requests, that cannot be resolved by direct correspondence with the bank concerned, they can ask their professional body for help. Standard Bank South Africa Departments not available on Confirmation. 2 It does not address inquiries regarding litigation and claims, which are dealt with in PSA 501. We offer two credit card payment methods: Individual Credit Card: Charges are made to the individual user. These may include: i) Contact the bank directly to confirm the information requested by the entity (i. By selecting email1 as the delivery option on the request form, you'll receive the report at least four working days sooner than the physical report at no The following new standard, AS 2310, The Auditor’s Use of Confirmation, will be effective for audits of financial statements for fiscal years ending on or after June 15, 2025. The content of the Standard Bank Confirmation is aligned with the requirements of the Royal Netherlands Institute of Chartered Accountants (NBA) and the Apr 5, 2023 · Auditors are generally delighted with the shorter flip-flop clock (TAT) and great efficiency. A negative confirmation is a letter addressed to a debtor, requesting a response if the debtor disagrees with the stated account balance. Three forms of confirmations include: 1. 1/F, Tower 2, HSBC Centre. To help streamline this process, we are introducing the Audit Confirmation feature on DBS IDEAL. No more paper files to store. So what are the top three benefits of online audit confirmations? 1. Designing the confirmation request. Many requests can be submitted through electronic means; you can find the specific instructions for each product as you navigate the site. This Standard on Auditing (S A) deals with the auditor’s use of external confirmation procedures to obtain audit evidence in accordance with the requirements of SA 3303and SA 5004. For bank confirmations always select ‘Financial’ as the type of confirmation. 5K downloads. The initial contact points for auditor queries are: ACCA and AAPA Advisory Services - 020 7059 5920 or members@accaglobal. Every time. A negative confirmation = the recipient is Feb 18, 2020 · Audit confirmations can be a powerful tool. Interpretation no. HKSA 500 requires the use of assertions in assessing risks and designing and performing audit procedures in response to the assessed risks. Audit Confirmation. The world's leading web-based audit confirmation solution that brings efficiency and security to the confirmation process. Step 3 Completing the Verifiers Information. Both the auditing and banking industries have adopted an online audit confirmation process. Dec 22, 2023 · The below guide highlights Standard Bank South Africa's specific instructions on accepted form types and how to setup the different form types for relevant bank accounts. ICAEW Technical Enquiry Service – 01908 Assertions Addressed by External Confirmations. Such external confirmations are not absolute and other confirmations may be necessary depending on the risk assessment and the nature and complexity of the client being subject to audit. Thomson Reuters® Confirmation is the world's leading provider of online audit confirmations and other financial verifications. The use of standard forms is considered to be of benefit to both banks and to auditors. If you don't have access to Internet Business Banking, request your Standard Bank Confirmation online using the form. Review the request and be clear about what is being requested of you. Add the Engagement Number (client charge code) and any other questions you may have. An additional £25 + VAT charge if The request for confirmation from the bank may also include loans and other accounts in addition to the client’s cash. Bank confirmations have been a valuable source of audit evidence because the dawn of the profession. (See the section below for details on positive versus negative confirmations) Accounting. It should not send by the auditee. More than 16,000 accounting firms, 125,000 auditors, and thousands of responding companies, financial institutions, and law firms around the globe trust Confirmation. Dec 20, 2022 · "The auditor's use of confirmation has been a required audit procedure in the United States that dates back to 1939, when the American Institute of Accountants adopted Statement on Auditing Procedure No. Mar 28, 2024 · Audit confirmations can either be positive - confirming specified information in the request or negative - responding only to register disagreement with the requested information. 3. Auditors are required to comply with the auditing standards contained in this SSA in respect of audits of financial statements for periods beginning on or after 15 December 2009. 3. This letter is prepared by the auditee and sent to the bank directly by the auditor. Where accepted, electronic means is encouraged. Confirmation has partnered with more than 4,000 financial institutions to provide an online solution for processing audit confirmations. It is essential that the Public Company Accounting Oversight Board (PCAOB) and the American Institute of Certified Public Accountants (AICPA) update Generally Accepted Auditing Standards (GAAS) to mandate electronic audit confirmations to reduce the risk of future confirmation frauds. For queries about your request before you receive the letter, contact the Confirmation support team on: Phone: 020 3770 5450. Audit firms may want to revise or develop guidance as to whether a bank confirmation is required in all circumstances. Sevcik Company's auditor received, directly from the banks, confirmations and cutoff statements with related checks and deposit tickets for Sevcik's three generalpurpose bank accounts. An invoice confirmation. Getting bank confirmation responses is a central element of the audit process. £50 + VAT for a standard* request with 10 or more accounts to be included. Annual Audit confirmation is often a time-consuming process for your business. The auditor should clarify that they are an independent entity and Select your confirmation form type from the drop down list: Asset. The company has several other cash accounts at various banks; you will focus on only EarthWear's primary general cash account used mostly for cash receipts and various Dec 27, 2016 · A positive confirmation = correct or incorrect, the recipient is requested to reply/ confirm with the stated amount/ information. Introduction: The first paragraph should provide an introduction to the letter, including the purpose of the confirmation and its relevance to the overall audit process. e. Jan 25, 2022 · Bank confirmations continue to be a valuable source of audit evidence when used appropriately. Confirmations can both the quality and efficiency of the audit. There are no license or sign up fees for using Confirmation. TIP: Providing a spreadsheet of all your audited entity’s accounts will assist the bank’s search. com Once you have logged in to your confirmation dashboard, select ‘Add New Client’ from the Quick Links section. Your audit and confirmation process just got easier , faster and more importantly green. Send your confirmations through our secure platform to receive a faster response while maintaining complete control of the process. HKSA 500 categorizes the assertions into those relating to classes of transactions, account balances, and disclosures. com, and click the "Get Started" button on the home page. Normally, this type of Confirmation is not used in the audit. Sales involve special terms or side-agreements confirmation. Negative confirmation is a common industry practice for auditors to gather audit evidence from external stakeholders. com is constantly adding bank departments onto the system and will notify auditors once these additional departments have launched. URL Name. You will be asked to pay at this point via credit The Auditing and Assurance Standards Board (AUASB) formulates Guidance Statement GS 016 Bank Confirmation Requests pursuant to section 227B of the Australian Securities and Investments Commission Act 2001, for the purposes of providing guidance on auditing and assurance matters. Once you’ve received your client authorization, you can initiate your confirmations. 04, not a confirmation procedure. Select ‘Add New Client’ from the Quick Links section – this is your audit client. g. If you are a client that has been asked to provide authorization, these short videos Dec 15, 2021 · 15. Included as positive confirmation are: A blank confirmation. Withdrawal may have significant implications for the approach to the audit of bank and cash. It does not address inquiries regarding litigation and claims. Instead, upon auditor's submission of The service is available to any customer that holds business accounts or services with NatWest. Confirmation occurs if the third party doesn’t respond, or when a correction is Aug 1, 2018 · In contrast to a paper-based process, electronic confirmations use additional security mechanisms to ensure that only appropriate personnel from a bank can respond to a bank confirmation request. This is a practical way for the bank to verify that a customer has the financial resources required to repay their debt. Audit Progra This question will be sent to your instructor for grading. No paper trail to manage: All records are stored in one central location for 10 years. Because we have to enter your request manually, the process takes longer than via Internet Banking. Validation of all parties, and secure communications, helping to reduce the risk of fraud. Consolidated. This online solution provides the most efficient and secure method for providing audit confirmations for the client, the CPA and the Bank. my can be seen inside the following articles with e-Accountants Today: Jun 7, 2022 · To make the external confirmation process more efficient and effective, auditors and banks have been increasingly relying on new technologies to facilitate the bank confirmation process. Step 2: Add accounts – choosing the requesttype. This type asks recipients to reply directly to the auditor and make a positive statement about whether they agree or disagree with the information included. 2 It does not address inquiries regarding litigation and claims, which are dealt with in HKSA 5013. To assist audit firms with efficient and secure audit confirmation processing, HSBC in The Netherlands is live on Confirmation. Add the Engagement Number (client charge code) and any other questions you may have: Once you are ready to send your confirmations, your total fee will be calculated. Payroll is typically tested using substantive analytical procedures. Are bank confirmations required under AICPA or PCAOB auditing standards? How does this compare to the requirements for confirmation of accounts receivable? (2) Bank confirmations are often sent eletronically using a third-party intermediary. responding to requests multiple times via fax, mail, or email). a bank, whether on paper, electronically or in another medium. Sign in to Confirmation. Add account and request for client authorization. Validation. Nov 29, 2018 · This is an online audit confirmation process. com, by post or email, while cost will be induced for receiving the report via courier. com’s consolidated confirmation process involves No extra cost is charged for receiving the report via Confirmation. Accordingly, the auditor shall not use negative confirmation requests as the sole substantive audit procedure to address an assessed risk of material misstatement at the assertion level unless all of the following are present: (Ref: Para. com as of yet. At a Glance. 01 This section addresses the auditor's use of external confirmation proce-dures to obtain audit evidence, in accordance with the requirements of section 330, Performing Audit Procedures in Response to Assessed Risks and Evaluat-ing the Audit Evidence Obtained, and section 500A, Audit Evidence. May 12, 2024 · PDF. Our charges for audit confirmation requests from 14th November 2022 onwards are: £25 + VAT for a standard* request for 9 accounts or less. We’d like to share our Automation is Key to Improving Efficiency and Effectiveness of Audits white paper with you. By default, users will be required to pay at the point of initiating a request to a responder. 1. com enables auditors to receive audit confirmations electronically. Accordingly, two standard bank confirmation request forms, as set out in the Appendices, have been Online audit confirmations via Confirmation Confirmation is the world’s leading provider of online audit confirmations, making paper confirmations a thing of the past. Any organization that participates in an audit understands the potential difficulties surrounding confirmations. Select “As of Date” and initiate confirmation request. This allows you to provide your authorisation for DBS to confirm your positions and balances to your auditors through DBS IDEAL, without needing physical Form Submission Quick Guide. Standard Bank Confirmation. There’s good reason why stewards of the profession want to encourage the use of electronic confirmations. ASA 505 does not preclude the use of an electronic confirmation process or the acceptance of electronic confirmations as audit evidence. com's unique Authentication and Authorization process validates the authenticity and authorization of each user. Banks offer either an Entity wide / Consolidated form, where a single request is sent to the bank per entity, and the bank responds with all accounts and products for that entity; and/or offer Individual Forms where the bank responds to the account number Jul 8, 2015 · As the business world becomes increasingly paperless, the auditing process has followed suit. Auditors obtain bank confirmation to ensure accuracy, completeness, and ownership of the account balance. Although client authorisation is required, and a main account number must be provided, Confirmation. If your question is not listed above, or you need more assistance, reach out to our Customer Support at 866-325-7201 or +1-615-844-6222 or customer. Under the International Standard on Auditing (ISA) 505 External Confirmations, reliable audit evidence can be obtained in documentary form from a third party e. Auditing, External Confirmation (ISA-505) You are the audit manager in a firm of chartered accountants and are currently faced with the following situations at two different clients. Negative confirmations provide less persuasive audit evidence than positive confirmations. A23) Commercial, Small Business and Retail Business Bank Customers General Audit Confirmations : Preferred method via Confirmation. SUMMARY. Office Credit Card: Jul 29, 2020 · During the course of an audit, you may hear your auditors refer to something called a “confirmation letter. Auditors will therefore need to set up each account number as a separate form of the form type. Dec 4, 2023 · Expressly integrates the requirements for the auditor’s use of confirmation with the requirements of the Board’s risk assessment standards by incorporating certain risk-based considerations and emphasizing the auditor’s responsibility to obtain relevant and reliable audit evidence when using confirmation in an audit. 1 of AU 330 states that properly controlled electronic confirmations can provide reliable audit evidence. com is the world’s leading online confirmation solution—a platform for auditors to better manage every aspect of the audit Nov 30, 2022 · The bank confirmation letter obtained through online channels fully complies with international and local auditing standards, and an advanced data security system is also applied to ensure the safety of customer data. Company Name: This is the legal entity / registered company name. Contact information for the law firm HSBC Audit Confirmation Team. You have access to over 3,500 banks on the platform. Trusted by over 4,000 banks/departments and more than 16,000 audit firms worldwide, Confirmation fulfills over a million audit confirmation requests each year. Manage the process within this all-in-one solution using these features and tools: Validated responders – Access thousands of validated banks and financial institutions or utilize the built-in address lookup feature to help verify the mailing Requests completed by the Global Audit Confirmations teams are returned within 5 business days and within 10 business days during peak season (January – March). After 90 years of using paper-based audit confirmations, now there is a better way. One of the major concern in this regard is that some banks are using services of third-party vendors to provide confirmations on their behalf Another common external confirmation is that of customer (receivable) circularisation to confirm the balance outstanding at the reporting date. This standard form, jointly approved by the American Bankers Association (ABA), the AICPA, and the Bank Administration Institute (BAI), is used to confirm deposit account balances and loan account balances with financial institutions. Benefits include: Faster management of audit confirmation process. Generally Accepted Auditing Standards, an external confirmation is “a direct response to the auditor from a third party either in paper form or by electronic other means, such as Feb 14, 2020 · The types of audit confirmations used vary depending on the situation and the nature of your company’s operations. com; auditors only pay for confirmations they send. For more information regarding CIBC Responder Instructions, go to Step 2: Accounts and search for the bank. As the deadline is close, the client has provided you the original bank Bank Confirmation Letter: A Bank confirmation letter is the letter prepared by auditees as the request by the auditor during the audit process to confirm the balance, transactions, and ownership of the bank account. Take note of the Responder Instructions and Accepted Forms: Responder Instructions: Defines information required by the bank to submit a confirmation. It is a type of audit procedure, and it is one of the most significant steps in any financial audit. This guide provides a sample of banks and form offerings. Aug 5, 2022 · Auditors commonly use confirmations to verify such items as cash, accounts receivable, accounts payable, employee benefit plans, and pending litigation. This chapter described the audit objectives for accounts receivable and the usefulness of the written confirmation procedure in achieving these objec tives. Confirmation letters are important because they provide an independent verification Step 1: Add new client. Confirmation is a technique that auditors use to obtain or verify information about a company by inquiring a source outside the company. ”. Auditor User Guide. confirmation. This SSA 505 supersedes SSA 505 “External Confirmations” in September 2009. Required information In this mini-case you will audit and evaluate documents such as HR listings and bank confirmationsin the audit of all of Apollo's payroll accounts. You can’t do a 21st century audit using 19th century Audit clients are required to provide their authorization to the confirming party to disclose information to their auditor as part of the confirmation process. Bank Confirmations. 05 Standard bank confirmation request forms provide for the confirmation or provision of information which is customarily held by banks. 1 as a direct response to the McKesson & Robbins fraud case, which involved fraudulently reported inventories and accounts receivable that the independent auditors failed to detect through In some cases, auditors can make an online inquiry about a client's bank balance information, although such a step constitutes an alternative procedure, according to AU 330. Sep 29, 2023 · The Public Company Accounting Oversight Board (PCAOB) on Sept. This is a letter that your auditor will send out to third parties, such as banks or suppliers, asking them to confirm certain financial information. View the standard effective for audits of financial statements for fiscal years ending before June 15, 2025. Receive fast confirmation responses. Forgot User ID/Password? Don't have an account? Create one now. Negative Confirmation. Conclusion on bank confirmation letter. The majority of Standard Bank South Africa confirmations can be facilitated through Confirmation. Copy the information from the standard template into the text boxes. 04 Confirmation is the process of obtaining and evaluating communication from a third party in response to a request for about a particular item affecting financial statement assertions. com weekdays 8:00 am - 5:00 pm (CST). External Confirmations 3 SA 505. Mar 8, 2021 · Once registered, requesting for confirmation is 3-step easy process: Create Client Profile. At the same time, others have questioned whether ex ternal confirmations are in fact an effective audit technique in obtaining relevance and reliable audit evidence. As a result, some st akeholders believe that more rigorous requirements governing the use of external confirmations by the auditor are required. 3 www. Once registered, requesting for confirmation is an easy 3-step process: For more details, contact Confirmation Support at: Phone: +442037705450 (Monday to Friday between 09:30 to 17:00 GMT) Email: customer. Just 15 years ago, the only way for auditors to confirm a client’s balance with a financial institution was to have the client prepare and sign paper confirmations, which were then mailed SSA 330 (Redrafted), The Auditor’s Responses to Assessed Risks. A bank confirmation is a process that an auditor uses to ensure that the amounts of money in a person’s or company’s bank account match the numbers in its financial statements. We can help you too. It is intended to make sure that the Bank confirmations have since a valuable source a audit evidence from the dawn of the profession. The following procedures are usually performed for bank confirmation in audit cash: Obtain written authority from the client to have in bank confirmation letter in order for the bank to disclose the necessary information. For a faster service, you can now choose to receive our audit confirmation report by email. Select your ‘As of Date’ – this is the balance sheet date of your audit. The feedback for audit firms and financial after embracing eConfirm. Saves time: Creates a more efficient process and eliminates the duplication of work (i. But they are most effective and efficient only when cash is material, when the auditor has properly identified other risks to be addressed, and when the confirmation process is properly executed. Individual Company Audit - Enter the Company Name as per banking records. Auditing companies only need four simple steps to use Confirmation. support@confirmation. This type asks recipients to reply directly to the auditor only if they disagree with the information presented on the confirmation. Responses to confirmation requests To assist audit firms with efficient and secure audit confirmation processing, HSBC Philippines is now live on Confirmation. Rabobank Wholesale offers the service of providing a Standard Bank Confirmation, which is used by external auditors to verify their client’s financial statements. Please note: Only a person authorized to sign for the company can make this request. For example the account holder. not required, to use electronic audit confirmations. More than a dozen years after the Public Company Accounting Oversight Board (PCAOB) issued a rule proposal on audit confirmations, the board on Dec. Log into Confirmation. ISA (UK) 240 - The auditor’s responsibilities relating to fraud in an audit of financial statements (Revised May 2021, updated May 2022) The key guidance in ISA (UK) 330 and ISA (UK) 505 read: When using external confirmation procedures, the auditor shall maintain control over external confirmation requests. Nov 19, 2021 · Stanbic Bank - Botswana: Stanbic Bank Botswana Plot 50672 Off Machel Drive Fairgrounds Office Park Gaborone, Botswana: Stanbic Bank - DR Congo: Avenue de la Mongala No 12, Kinshasa, Democratic Republic Congo: Stanbic Bank - Ghana: Castle Rd. If a copy of the Credit Agreement is required, please state that explicitly in the request. Responses are prepared by authorized bank officials based if further procedures are required to validate the confirmation request sent to the bank and the reliability of the confirmation reply received. 12. com has a quick and simple digital authorization process. Search and select the bank you wish to send a confirmation to. May 4, 2024 · Standard Bank South Africa Form Setup Instructions Depending on how information can be extracted from the bank systems, a form can be set up in 2 ways: Individual account basis The bank can only extract form details on an individual account basis. Practice Note 16 Bank Reports for Audit Purposes in the UK (PN16) has been withdrawn. After the audit inquiry is prepared and signed by the client, auditors must and lawyers should consider these two risks and take steps to reduce or eliminate them. If you need any help, please call Hang Seng Bank 24-hour Business Partner Direct at 2198 8000 (select the language, and then press 1-1-7-2) or Audit Confirmation Team Hotline: +852 2198 5643 Para 6 (a) Definition: External Confirmation. Positive. expected as audit evidence. Should an auditor want a confirmation from any of these departments, they would need to contact the department directly. Negative. S. Historically a paper process, Confirmation. 4:Initiating your confirmations. A bank confirmation letter is a letter or document issued by a financial institution that confirms the existence of a customer’s line of credit that has been extended to them by a third party. wy rg dq yt ps ct fk ou no mk