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NEWSLETTER JANUARY 2017
Madams letter
Greetings to all our well-wishers and your families!
Caring Minds is going from strength to strength. This quarter we had a foot fall
of over a thousand clients
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What is maams letter?
Maams letter stands for Mutual Agreement between the Authorized Signatory and the Management. It is a letter of representation provided by the management to the auditors.
Who is required to file maams letter?
The management of the company is required to file the maams letter.
How to fill out maams letter?
The maams letter should be filled out by the management and should include representations regarding financial statements, internal controls, and other information requested by the auditors.
What is the purpose of maams letter?
The purpose of the maams letter is to provide assurance to the auditors that the information provided by the management is accurate and complete.
What information must be reported on maams letter?
The maams letter should include representations about the accuracy of financial statements, completeness of information, adequacy of internal controls, and any other information requested by the auditors.
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