Provide several representations that auditors of public companies may seek from management regarding internal control.

Provide several representations that auditors of public companies may seek from management regarding internal control.

Answer:

Possible representations include:
Management’s acknowledgement of its responsibilities for establishing and maintaining effective internal control over financial reporting.
Management’s conclusion about the effectiveness of internal control over financial reporting as of the end of the fiscal period.
Disclosure to the auditor of all deficiencies in the design or operation of internal control over financial reporting.
Management’s knowledge of any material fraud or other fraud involving senior management or other employees who have a significant role in the company’s internal control over financial reporting.

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