Auditors must obtain written client representations that typically should be signed by:
A)The president and the chairperson of the board.
B)The treasurer and the internal auditor.
C)The chief executive officer and the chief financial officer.
D)The corporate counsel and the audit committee chairperson.

Question

Quizplus · Accepted Answer

The chief executive officer (CEO) and the chief financial officer (CFO) are the highest-ranking officials responsible for the financial statements and the accuracy of the financial reporting process. As such, they are the most appropriate parties to sign the representations.

Auditors Must Obtain Written Client Representations That Typically Should Be