What is a Management Representation Letter  

We know that generally accepted auditing standards (GAAS) require auditors to obtain written representations from their clients' management team, as part of audits of financial statements and periods covered by the auditors' reports. The specific written representations will depend on the individual engagement circumstances and the nature and basis of the presentation of the financial statements. This overview may be appropriate for professionals at all organizational levels.

Checkpoint Learning is committed to bringing innovative solutions to you, now including nano-learning! As per NASBA Standards, a nano-learning course is a 10-minute, electronic, self-study course in which you are eligible to earn 1/5 (or 0.2) CPE credits.

At this time, nano-learning is not accepted by all state boards. If you are not sure whether your state board accepts nano-learning, you can ask your state board or visit the NASBA registry: (nasbaregistry.org).