ICAEW ARF · Chapter 7 · Question 9 of 11
Which of the following statements about written representations from management is correct?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) They are necessary audit evidence but do not on their own provide sufficient appropriate evidence about the matters they cover
Explanation
Auditing standards require written representations, for example that management has fulfilled its responsibilities and provided all relevant information. However, they come from the entity itself, so they cannot replace other evidence that should be available. If management refuses to give required representations, the auditor must consider the effect on the opinion.
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