A written representation from a client’s management that, among other matters, acknowledges responsibility for the fair presenta

Question

Nadusha1986 [10]

2 years ago

13

A written representation from a client’s management that, among other matters, acknowledges responsibility for the fair presenta

tion of financial statements, should normally be signed by the

Business

1 answer:

7nadin3 [17] · Answer 1 · 2022-08-26T01:03:33+03:00

Answer:

The answer is Chief Executive Officer and and the Chief Financial Officer

Explanation:

As part of the requirements for audit process, the external auditor will obtain from the management a written representation for the financial statements being presented to the external auditor. The management is responsible for the preparation of Financial statement and the external auditor expresses their opinions on it.

To show accountability, The Chief Executive Officer and the Chief Financial Officer both sign on it.