Dodson is preparing to meet with the controller of Charlemagne Co. to discuss the written representations the management of Charlemagne will provide as a part of an engagement to report on an examination of an investment portfolio to be distributed to Charlemagne's ownership. Charlemagne does not have any previously audited financial statements. Which section of the authoritative literature provides specific examples of matters that might appear in the representation letter that Dodson should consider discussing with the controller during this meeting? Enter response for Example: QC : 12. A34
Dodson is preparing to meet with the controller of Charlemagne Co. to discuss the written representations the management of Charlemagne will provide as a part of an engagement to report on an examination of an investment portfolio to be distributed to Charlemagne's ownership.
Charlemagne does not have any previously audited financial statements. Which section of the authoritative literature provides specific examples of matters that might appear in the representation letter that Dodson should consider discussing with the controller during this meeting? Enter response for Example: QC : 12. A34
Summary:
Charlemagne Co. is engaging Dodson to report on an examination of an investment portfolio to be distributed to Charlemagne's ownership. Charlemagne Co. does not have any previously audited financial statements. Dodson will meet controller of the company to discuss the written representations the management of Charlemagne Co. will provide as a part of an engagement.
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