may i know what is the purpose of written representation for the audit evidence ? maybe like a short example ?
if possible, when we mention audit evidence, can we write as "written representation from the management explaining why 15 years of useful lives is reasonable for ABC brand" ?
does it make sense that written representation can be made by the management to explain the reason of using years of useful lives ?
Ask the Tutor ACCA AAA
purpose of written representation
7y ago#1This is assumed knowledge of AA. Please check the notes/lectures for AA if you need a refresher.
Written representation alone is never sufficient. There would have to be evidence or a lack of contrary evidence. If 15 years includes forecasts/plans what is management 's history for delivering on forecasts /plans?
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