An auditor of a nonissuer should request that management provide written representations regarding uncorrected misstatements in the
Question:
An auditor of a nonissuer should request that management provide written representations regarding uncorrected misstatements in the financial statements that state
A. The individual and cumulative differences between the auditor's point estimates and the recorded amounts for uncorrected misstatements.
B. Management's acceptance of responsibility for the auditor's opinion, if modified due to the uncorrected misstatements.
C. Whether management believes that the effects of uncorrected misstatements are immaterial, individually and in the aggregate, to the financial statements as a whole.
D. Management's rationale for not correcting misstatements noted during the course of the audit.
Auditing An International Approach
ISBN: 978-0071051415
6th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley