AS 2805, “Management Representations,” of the PCAOB’s auditing standards documents the nature and purpose of a letter of representations (“management representation letter” is the actual phrase used in this context). The corresponding section of the AICPA Professional Standards is AU-C Section 580, “Written Representations.” AS 2805 mandates that U.S. auditors obtain “written representations from management” (AS 2805.01) and notes that such representations are “part of the evidential matter” (AS