Written RepresentationsWritten Representations

Written Representations

1. The auditor shall obtain written representations from management and, where appropriate, those charged with governance that:
   1. They acknowledge their responsibility for the design, implementation and maintenance of internal control to prevent and detect fraud;
   2. They have disclosed to the auditor the results of management’s assessment of the risk that the financial report may be materially misstated as a result of fraud;
   3. They have disclosed to the auditor their knowledge of fraud or suspected fraud affecting the entity involving:
      1. Management;
      2. Employees who have significant roles in internal control; or
      3. Others where the fraud could have a material effect on the financial report; and
   4. They have disclosed to the auditor their knowledge of any allegations of fraud, or suspected fraud, affecting the entity’s financial report communicated by employees, former employees, analysts, regulators or others. (Ref: Para. A59‑A60)