Argue whether you agree or not that a representation letter is a critical part of an audit

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Argue whether you agree or not that a representation letter is a critical part of an audit engagement. Consider in your argument that the letter itself can only serve as minimal evidence because it is an inquiry, but also that auditors have been known to resign when a letter has not been properly read by those who have signed it.

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Auditing Assurance And Risk

ISBN: 9780324313185

3rd Edition

Authors: W. Robert Knechel, Steve Salterio, Brian Ballou

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