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The date of the written representation should be as near as practicable to, but not later than, the date of the auditor’s report. Select one: True False

Question

The date of the written representation should be as near as practicable to, but not later than, the date of the auditor’s report.

Select one: True False

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Solution

True

Similar Questions

The auditor's report shall be dated no earlier than the date on which the auditor has obtained sufficient appropriate audit evidence on which to base the auditor's opinion on the financial statements.Select one:TrueFalse

The written representations shall be in the form of a representation letter addressed to the auditor.Select one:TrueFalse

The date of the end of the latest period covered by the financial statements.Select one:a.Date of approval of the financial statementsb.Date of the auditor's reportc.Date of the financial statementsd.Date the financial statements are issued

If comparative financial statements are presented and the present auditor has audited both years, the auditor should:Select one:a.Reissue the reportb.Update the reportc.Dual date the reportd.Redate the report

If the auditor concludes that the written representations are reliable, the auditor is still required to take appropriate actions, including determining the possible effect on the opinion in the auditor's report.Select one:TrueFalse

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