65 paragraphs found
If the auditor concludes that the written representations are not reliable, the auditor shall take appropriate actions, including determining the possible effect on the opinion in the auditor’s report in accordance with ASA 705, [4] having regard to the …
If management does not provide one or more of the requested written representations, the auditor shall: Discuss the matter with management; Re‑evaluate the integrity of management and evaluate the effect that this may have on the reliability of …
The auditor shall disclaim an opinion on the financial report in accordance with ASA 705 if: The auditor concludes that there is sufficient doubt about the integrity of management such that the written representations required by paragraphs 10 and 11 of …
See ASA 210 Agreeing the Terms of Audit Engagements , paragraph 6(b)(i) . …
See ASA 705 Modifications to the Opinion in the Independent Auditor’s Report . …
Due to its responsibility for the preparation of the financial report, and its responsibilities for the conduct of the entity’s business, management would be expected to have sufficient knowledge of the process followed by the entity in preparing and …
In some cases, however, management may decide to make enquiries of others who participate in preparing and presenting the financial report and assertions therein, including individuals who have specialised knowledge relating to the matters about which …
In some cases, management may include in the written representations qualifying language to the effect that representations are made to the best of its knowledge and belief. It is reasonable for the auditor to accept such wording if the auditor is …
To reinforce the need for management to make informed representations, the auditor may request that management include in the written representations confirmation that it has made such enquiries as it considered appropriate to place it in the position to …