CAF-8 · Chapter 15 · Question 8 of 10
According to ISA 580, what is the correct timing for the date on the 'Written Representation' letter provided by management?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) As near as practicable to, but not after, the date of the auditor's report.
Explanation
Written representations cover the entire financial year up to the point the auditor signs off. Therefore, they must be dated as close as possible to the date of the auditor's report, ensuring management takes responsibility for all subsequent events up to that day.
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