A major written understanding between a CPA and his client, in connection with an examination of financial
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A major written understanding between a CPA and his client, in connection with an examination of financial statements, is a client (management) representation letter.
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a. What are the objectives of the client's representation letters?
b. Who should prepare and sign the client's representation letters?
c. When should the client's representation letters be obtained?
d. Why should the client's representation letters be prepared for each examination?
e. What is the relationship between a representation letter and GAAS?
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Related Book For
Auditing Concepts And Methods A Guide To Current Auditing Theory And Practice
ISBN: 9780070099999
5th Edition
Authors: Mcgraw-Hill
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