CPA wishes to use a representation letter as a substitute for performing other audit procedures.Doing so:
A)Violates professional standards.
B)Is acceptable, but should only be done when cost justified.
C)Is acceptable, but only for non-public clients.
D)Is acceptable and desirable under all conditions.

Question

Quizplus · Accepted Answer

Using a representation letter as a substitute for other audit procedures violates professional standards. Representation letters are a useful tool in addition to other audit procedures, but they cannot replace the need for substantive testing and other required procedures.

CPA Wishes to Use a Representation Letter as a Substitute