Explain the circumstances under which auditors required to obtain written representations during the audit of financial statements.

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Answer 1

Question

Chapter 11, Problem 52EP

a.

To determine

Explain the circumstances under which auditors required to obtain written representations during the audit of financial statements.

b.

To determine

State the major categories of items which are covered by written representations.

c.

To determine

Identify the personnel to whom the representation should be addressed and what date should be mentioned.

d.

To determine

Identify the personnel who should sign the written representations. Also, explain the effect when the personnel refuse to sign the written representation.

e.

To determine

Discuss the manner in which the written representations relieve an auditor from other responsibilities.

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Answer 2

Question

Chapter 11, Problem 52EP

a.

To determine

Explain the circumstances under which auditors required to obtain written representations during the audit of financial statements.

b.

To determine

State the major categories of items which are covered by written representations.

c.

To determine

Identify the personnel to whom the representation should be addressed and what date should be mentioned.

d.

To determine

Identify the personnel who should sign the written representations. Also, explain the effect when the personnel refuse to sign the written representation.

e.

To determine

Discuss the manner in which the written representations relieve an auditor from other responsibilities.

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Answer 3

Question

Chapter 11, Problem 52EP

a.

To determine

Explain the circumstances under which auditors required to obtain written representations during the audit of financial statements.

b.

To determine

State the major categories of items which are covered by written representations.

c.

To determine

Identify the personnel to whom the representation should be addressed and what date should be mentioned.

d.

To determine

Identify the personnel who should sign the written representations. Also, explain the effect when the personnel refuse to sign the written representation.

e.

To determine

Discuss the manner in which the written representations relieve an auditor from other responsibilities.

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Answer 4

Question

Chapter 11, Problem 52EP

a.

To determine

Explain the circumstances under which auditors required to obtain written representations during the audit of financial statements.

b.

To determine

State the major categories of items which are covered by written representations.

c.

To determine

Identify the personnel to whom the representation should be addressed and what date should be mentioned.

d.

To determine

Identify the personnel who should sign the written representations. Also, explain the effect when the personnel refuse to sign the written representation.

e.

To determine

Discuss the manner in which the written representations relieve an auditor from other responsibilities.

Expert Solution & Answer

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Answer 5

Chapter 11, Problem 52EP

a.

To determine

Explain the circumstances under which auditors required to obtain written representations during the audit of financial statements.

b.

To determine

State the major categories of items which are covered by written representations.

c.

To determine

Identify the personnel to whom the representation should be addressed and what date should be mentioned.

d.

To determine

Identify the personnel who should sign the written representations. Also, explain the effect when the personnel refuse to sign the written representation.

e.

To determine

Discuss the manner in which the written representations relieve an auditor from other responsibilities.

Answer 6

Chapter 11, Problem 52EP

a.

To determine

Explain the circumstances under which auditors required to obtain written representations during the audit of financial statements.

Answer 7

Chapter 11, Problem 52EP

a.

To determine

Explain the circumstances under which auditors required to obtain written representations during the audit of financial statements.

Answer 8

b.

To determine

State the major categories of items which are covered by written representations.

Answer 9

b.

To determine

State the major categories of items which are covered by written representations.

Answer 10

c.

To determine

Identify the personnel to whom the representation should be addressed and what date should be mentioned.

Answer 11

c.

To determine

Identify the personnel to whom the representation should be addressed and what date should be mentioned.

Answer 12

d.

To determine

Identify the personnel who should sign the written representations. Also, explain the effect when the personnel refuse to sign the written representation.

Answer 13

d.

To determine

Identify the personnel who should sign the written representations. Also, explain the effect when the personnel refuse to sign the written representation.

Answer 14

e.

To determine

Discuss the manner in which the written representations relieve an auditor from other responsibilities.

Answer 15

e.

To determine

Discuss the manner in which the written representations relieve an auditor from other responsibilities.

Answer 16

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Answer 17

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Answer 18

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Answer 19

Ch. 11 - Prob. 1RC Ch. 11 - Prob. 2RC Ch. 11 - Prob. 3RC Ch. 11 - What additional issues are involved with...Ch. 11 - Prob. 5RC Ch. 11 - Prob. 6RC Ch. 11 - Prob. 7RC Ch. 11 - Prob. 8RC Ch. 11 - Prob. 9RC Ch. 11 - Prob. 10RC

Explain the circumstances under which auditors required to obtain written representations during the audit of financial statements.

Explain the circumstances under which auditors required to obtain written representations during the audit of financial statements.

State the major categories of items which are covered by written representations.

Identify the personnel to whom the representation should be addressed and what date should be mentioned.

Identify the personnel who should sign the written representations. Also, explain the effect when the personnel refuse to sign the written representation.

Discuss the manner in which the written representations relieve an auditor from other responsibilities.

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Chapter 11 Solutions