What does written representations mean on the CPA exam?
Written representations. Statements the auditor requires from management to confirm matters or support other evidence. They are audit evidence, but never sufficient appropriate evidence on their own, and they do not relieve the auditor of obtaining anything else.
Defined against AU-C 580.07.
Which CPA exam sections use written representations?
Written representations appears in the AUD section of the CPA exam.
Related terms
- audit evidence: Everything the auditor uses to reach a conclusion, including the accounting records and anything corroborating them.
- report release date: The date the auditor grants the entity permission to use the report.
- management's specialist: An expert management uses to help prepare the financial statements, such as an actuary or an appraiser.
- scope limitation: Anything that stops the auditor obtaining evidence they judged necessary, whether imposed by the client or by circumstance.
- audit committee: A subcommittee of the board of directors that oversees financial reporting and the external audit.
- qualified opinion: The opinion given when a misstatement is material but not pervasive, or when evidence the auditor could not obtain would have been.