Category Archive for: Management Representations


What are the factors to be considered by an auditor when he receives management representations relating to some material items?  Matters to be considered by an auditor when he receives management representations relating to some material items are: (a) Seek corroborative evidence (b) Evaluate reasonableness of representations (c) Consider whether the representations have been made by a knowledgeable…

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Management Representations

AUDITORS DUTIES AS REGARDS  MANAGEMENT REPRESENTATIONS (a) The auditor should corroborate the management representations with other sources. b) Evaluate reasonableness of management representations in the light of other evidences. If the auditor finds a contradiction, the causes should be investigated, and reliability of other representations should be considered. (c) Ensure that letter of representation is signed by person whose level of…

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