Which of the following parties is responsible for the fairness of the representations made in financial statements?
A) Client's management.
B) Independent auditor.
C) Audit committee.
D) AICPA.

Question

Quizplus · Accepted Answer

Client's management is responsible for the fairness of the representations made in financial statements, as they prepare and present the financial information.

Which of the Following Parties Is Responsible for the Fairness