A major written understanding between a CPA and his client, in connection with an examination of financial

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A major written understanding between a CPA and his client, in connection with an examination of financial statements, is a client (management) representation letter.

\section*{Required:}

a. What are the objectives of the client's representation letters?

b. Who should prepare and sign the client's representation letters?

c. When should the client's representation letters be obtained?

d. Why should the client's representation letters be prepared for each examination?

e. What is the relationship between a representation letter and GAAS?

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Modern Auditing

ISBN: 9780471542834

5th Edition

Authors: Walter Gerry Kell, William C. Boynton, Richard E. Ziegler

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Question Posted: May 03, 2024 01:06 PM

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A major written understanding between a CPA and his client, in connection with an examination of financial

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Modern Auditing

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