CAF-8 · Chapter 16 · Question 9 of 14
In a review engagement under ISRE 2400, what specific written representation must the practitioner request from management regarding subsequent events?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) That all events occurring subsequent to the date of the financial statements that require adjustment or disclosure have been adjusted or disclosed.
Explanation
ISRE 2400 explicitly requires the practitioner to request a written representation from management confirming that all subsequent events requiring adjustment or disclosure under the applicable financial reporting framework have been properly accounted for.
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