Posted: April 29th, 2016

SAS 85 requires that auditors obtain a Management Representation letter on matters of audit importance. Discuss the make up of this letter and the information contained within

SAS 85 requires that auditors obtain a Management Representation letter on matters of audit importance. Discuss the make up of this letter and the information contained within. Does the letter provide comfort to the auditor? If this is simply a letter stating certain information from the client and is not audited in any way, why is it important?