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Q: Is it true that a representation letter should have the same date as the audit report?
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What is a management representation letter?

a management letter of representation is a letter written by the management to the auditor confirming all the representations made to him in the couse of his audit work


When should an audit engagement letter be issued to an audit client?

It should be issued during the planning stages of the audit


How does an audit manager write up a letter to the audit partner?

How do I write a audit letter about concerns on an audit


How applied the audit procedure in PIA?

audit procedure we mean that those petren in which we prepare the audit report.


Who is allowed to sign auditors letter of representation?

A MANAGEMENT REPRESENTATION LETTER is signed the management of the company being audited. An AUDIT ENGAGEMENT LETTER is signed by both an offical from the auditing firm and the management of the company being audited. (Nt exactly sure which one you wanted.)


What is the full form of lfar in bank audit?

Long Form Audit Report


What are the principles tasks of the audit commission?

The audit commission should check the effective utilisation of publlic money for the public without any deviation and report to the higher authority.


What are the principle tasks of the Audit Commission?

The audit commission should check the effective utilisation of publlic money for the public without any deviation and report to the higher authority.


How do you prepare an audit on negative report?

no answer


How do I prepare an audit programme for the legal department of a company?

The audit programme should focus on three parts including the terms of reference, methodology and report. Ideally, it should be done basing on your experience in the field.


Features of a good audit report?

A good audit report is usually detailed. It covers all the areas of a given company. It also points out some of the flaws in its report.


What is partial audit?

An audit which is conducted considering the particular area of accounting. Under partial audit, audit of whole account is not conducted. Generally, transaction of business is related to cash, debtor, creditor, stock etc. A business may conduct an audit of any of these transactions. An auditor should conduct audit of that transaction as per the scope determined by the agreement. An auditor sign the report clearing stating that the engagement is 'partial audit'. If it is not done so, an auditor will be liable for the loss which is caused due to using the report as complete audit.