A written representation from a client's management which, among other matters, acknowledges responsibility for the fair presentation of the financial report, should be signed by the:
A)chief executive officer and the chief financial officer.
B)chief financial officer and the chairman of the board of directors.
C)chairman of the audit committee of the board of directors.
D)chief executive officer, the chairman of the board of directors, and the client's solicitor.

Question

Quizplus · Accepted Answer

The responsibility statement acknowledging the fair presentation of the financial report is typically signed by the chief executive officer and the chief financial officer. These individuals are typically the highest-ranking officials responsible for the financial affairs of the company and are therefore best positioned to make such a statement. The chairman of the board of directors may also sign the statement, but their signature is not required for the statement to be effective. The audit committee chairman and the client's solicitor are not typically involved in signing this type of statement.

A Written Representation from a Client's Management Which, Among Other