Which of the following is not correct relating to representation letters? A)They are ordinarily dated as of the date of the audit report. B)They are signed by members of top management. C)They must be obtained for audits. D)They often serve as a substitute for the application of other procedures.

Question

Quizplus · Accepted Answer

Representation letters do not serve as a substitute for the application of other procedures. Rather, they provide additional evidence to support the auditor's conclusions.

Which of the Following Is not Correct Relating to Representation