Professional Documents
Culture Documents
(Entity Letterhead)
(Date)
To
The
(Name of Audit firm)
This representation letter is provided in connection with your audit of the financial
statements of (Entity’s Name) for the year ended March 31, 20XX for the purpose of
expressing an opinion as to whether the financial statements are presented fairly, in all
material respects, (or give a true and fair view) in accordance with the applicable
accounting standards in India. We confirm that to the best of our knowledge and belief,
the information provided here is true and correct and we had made such inquiries as
we considered necessary for the purpose of appropriately informing ourselves:
Financial Statements
We have fulfilled our responsibilities for the preparation and presentation of the
financial statements as set out in the terms of the audit engagement dated [insert date]
and, in particular, the financial statements are fairly presented the true and fair view of
Income, expenditure and assets, Liability of (entity name) for the year under audit.
*Related party relationships and transactions have been appropriately accounted for
and disclosed in accordance with the requirements of applicable accounting standards
in India. Details are given here below:
Or
During the period covered under audit not transaction has been made as it could
be declare as related party disclosures according to AS – “ “
* All events subsequent to the date of the financial statements and for which
applicable accounting standards in India require adjustment or disclosure have
been adjusted or disclosed. Details are given here below:
Or
No significant events occurring after the date of Balance Sheet, which have
material impact on the Balance sheet.
Information Provided
Audited financial statements of last three years (or in case newly registered , as
many years) [Audited Financial Statement (Receipt & Payment Account,
Income & Expenditure Statement, Balance Sheet)]
For on behalf of
(Name of entity)
(Secretary)