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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 applied the audit procedure in PIA?

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


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


What is the full form of lfar in bank audit?

Long Form Audit Report


How do you prepare an audit on negative report?

no answer


Who should internal audit department report to?

The internal audit department should ideally report to the board of directors or an audit committee within the board, rather than management. This structure helps ensure independence and objectivity in the audit process, allowing auditors to provide unbiased assessments of the organization's risk management, control, and governance processes. Reporting to the board also fosters transparency and accountability, enhancing the overall effectiveness of the internal audit function.


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.


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.


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.


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.)