Key Co.plans to present comparative financial statements for the years ended December 31,2012 and 2013,respectively.Smith,CPA,audited Key's financial statements for both years and plans to report on the comparative financial statements on May 1,2014.Key's current management team was not present until January 1,2013.What period of time should be covered by Key's management representation letter?
A) January 1, 2012 through December 31, 2013.
B) January 1, 2012 through May 1, 2014.
C) January 1, 2013 through December 31, 2013.
D) January 1, 2013 through May 1, 2014.
Correct Answer:
Verified
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