Tougher Standards for Management Statements.

• Position: International Auditing and Assurance Standards Board - Brief article

The International Auditing and Assurance Standards Board has revised the international standards requiring management to provide auditors with a clear written statement that auditors have received all the information they need

International Standard on Auditing 580 (Revised and Redrafted), Written Representations, requires the auditor to request management to provide written representations that it has fulfilled its responsibility for the preparation and...