The auditors must obtain written client representations that normally 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 appropriate parties to sign the written client representations. The CEO is responsible for the overall direction and management of the organization, while the CFO is responsible for the financial management and reporting functions. Together, they have the highest level of responsibility for the accuracy and completeness of the financial statements and related disclosures.

The Auditors Must Obtain Written Client Representations That Normally Should