Letter of Representation to Auditors | Canada

Prepare a Letter of Representation to your company's auditors with this downloadable template for Canadian corporations.

• The company's management acknowledges responsibility for maintaining an internal system of accounting controls that reduces the possibility of fraud, errors and irregularities.
• Management makes numerous representations to the auditors, including:
  • that the financial statements fairly present the company's financial position in accordance with Canadian generally accepted accounting principles (GAPP);
  • that there have been no irregularities which might adversely affect the financial statements;
  • that the company has not violated any laws or regulations with respect to financial disclosure;
  • that the company has implemented internal controls intended to detect and prevent fraud and error;
  • that the financial statements record and disclose related party transactions, guarantees, material contracts, significant assumptions and methods of measurement.
• Available in MS Word format.
• Intended to be used only in Canada.