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What is included in the management responsibility section of a written representation letter?

In the “Management Responsibility” section, the auditor should request written representations from management with appropriate responsibilities for the financial statements and knowledge of the matters concerned. The auditor should request management to provide a written representation that it has fulfilled its responsibility, as set out in the terms of the audit engagement.

1) For the preparation and fair presentation of the financial statements in accordance with the applicable financial reporting framework; and

2) For the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error


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