A suggested format for the written representation has been sent by the auditors to the directors of Nananom. The directors have stated that they will not sign the written representation this year on the grounds that they believe the additional evidence that it provides is not required by the auditor. You are required to: i. Discuss the action the auditor may take as a result of the decision made by the directors, not to sign the written representation.
A suggested format for the written representation has been sent by the auditors to the directors of Nananom. The directors have stated that they will not sign the written representation this year on the grounds that they believe the additional evidence that it provides is not required by the auditor. You are required to: i. Discuss the action the auditor may take as a result of the decision made by the directors, not to sign the written representation.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A suggested format for the written representation has been sent by the auditors to the directors of Nananom. The directors have stated that they will not sign the written representation this year on the grounds that they believe the additional evidence that it provides is not required by the auditor.
You are required to: i. Discuss the action the auditor may take as a result of the decision made by the directors, not to sign the written representation.
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