Video: Obtaining Written Representations

This lesson delves into the process of obtaining written representations from management during an audit. It discusses the importance of aligning the written representations with the periods and financial statements being audited, such as when handling half-year audits or comparative financial statements for multiple years. The lesson emphasizes that the written representations should cover all periods being reported on to ensure comprehensive coverage, and that the specific representations obtained will depend on the engagement's circumstances and the financial statements' nature and basis of presentation.