If the management representation letter is not obtained,
A)issue the audit report and request that management send the letter as soon as possible
B)issue the report with an adverse opinion
C)issue the report with an "except for" opinion
D)the audit evidence should not be considered complete

Question

Quizplus · Accepted Answer

The management representation letter is a critical piece of evidence in an audit, as it provides written confirmation from management about various matters relevant to the financial statements. If it is not obtained, the auditor cannot complete their work and should not issue an opinion on the financial statements. Therefore, the best choice is to select D - the audit evidence should not be considered complete. The other options (A, B, and C) are not appropriate because they all involve issuing an opinion on incomplete or unreliable information.

If the Management Representation Letter Is Not Obtained