CONTENTS

PREFACE

AUTHORITY STATEMENT

Paragraphs

Application.................................. 1-2

Operative Date................................ 3

Introduction.................................. 4-6

Audit Implications............................. 7

Audit Procedures.............................. 8-10

Requests for Representation Letters from Lawyers........ 11-17

Employee and/or Third Party Lawyers ................ 18-21

Lawyer’s Response............................. 22-25

Lawyer’s Inability to Respond Comprehensively or Limitations in a Response 26-30

Audit Reporting Considerations..................... 31-32

Related Procedures............................. 33-37

Conformity with International Standards on Auditing...... 38

Appendix 1: Example of a Request for a Representation Letter to a Lawyer for a Companyan Audit Client