The written representations shall be in the form of a representation letter addressed to the auditor.Select one:TrueFalse
Question
The written representations shall be in the form of a representation letter addressed to the auditor.Select one:TrueFalse
Solution
True
Similar Questions
Written representations – a written statement by management provided to the auditor to confirm certain matters or to support other audit evidence.Written representations in
The auditor may consider it necessary to obtain written representations from management and, where appropriate, those charged with governance to confirm responses to oral inquiries.Select one:TrueFalse
A written statement by management provided to the auditor to confirm certain matters or to support other audit evidence. Written representations in this context do not include financial statements, the assertions therein, or supporting books and records.I : Management RepresentationII : Auditor's RepresentationSelect one:a.II onlyb.Neither I nor IIc.I onlyd.Both I and IIClear my choice
If the auditor concludes that the written representations are reliable, the auditor is still required to take appropriate actions, including determining the possible effect on the opinion in the auditor's report.Select one:TrueFalse
These are necessary information that the auditor requires in connection with the audit of the entity's financial statements.I : Management RepresentationII : Auditor's RepresentationSelect one:a.Either A or Bb.Both A and Bc.I onlyd.II only
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.