ICAI – FAQs on Management Representation Letter (MRL)

Auditing and Assurance Standards Board of The Institution of Chartered Accountants of India (ICAI) published its First Edition in August 2025.

Content

• Chapter 1 : Introduction and Overview
• Chapter 2 : FAQs
• Appendices
  • I. Illustrative Representation Letter
  • II. Illustrative Format for Updating Management Representation Letter
  • III. Illustrative Format for Additional Considerations
  • IV. Illustrative SA 580 Compliance Checklist