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Microlesson · 5-min read

SA 580 – Written Representations (WIR): Overview, Date, Period and Objectives

## SA 580 – Written Representations (WIR)

### What is a Written Representation?

A Written Representation (WIR) is a written statement by management provided to the auditor to:

  • Confirm certain matters, OR
  • Support other audit evidence

Key characteristics:

  • Obtained from Management (and where appropriate, TCWG)
  • It is necessary audit evidence — but not sufficient alone (not SAAE by itself)
  • Signals significant matters when management refuses to provide WIR

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### Objectives of SA 580

ObjectiveDescription
(a)Obtain WIR from management confirming their responsibility for preparing FS and providing complete information
(b)Support other audit evidence relevant to FS or specific assertions
(c)Respond appropriately if WIR is not provided or is refused

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### Date of WIR

  • WIR must be dated as near as practicable to, but not after, the date of the Audit Report.
  • Why? Two reasons:

1. It provides necessary audit evidence

2. It covers subsequent events between the date of FS and the date of audit report

```

Financial Statements Date -----> WIR Date = Audit Report Date (or just before)

```

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### Period Covered by WIR

  • WIR shall cover all periods referred to in the auditor's report.
  • Why? Management must reaffirm that WIR made for prior periods remain appropriate.

Special Case — Comparative Periods:

If the audit report covers both current year (CY) and prior year (PY):

  • CY WIR must reaffirm the previous WIR for PY
  • Example: Old WIR covered 1/4/2025 to 31/3/2026 → New WIR for 31/3/2026 reaffirms for both years

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### What Happens if Management Refuses to Give WIR?

  • It is a limitation on scope of audit
  • Auditor should disclaim the opinion or issue a qualified opinion depending on circumstances

Worked example

### Example 1

Example 1: The audit report of PQR Ltd. is dated 15th May 2026. The FS covers the year ended 31st March 2026. When should the WIR be dated?

Answer: The WIR should be dated as near as practicable to 15th May 2026 (the audit report date), but not after it. Ideally, it is dated the same day or a day or two before. It must cover the period from 1st April 2025 to 31st March 2026 and also acknowledge subsequent events up to 15th May 2026.

### Example 2

Example 2: An auditor is auditing a company for the first time (FY 2025-26). The comparative figures for FY 2024-25 are also included in the FS. What periods does the WIR need to cover?

Answer: The WIR must cover all periods referred to in the auditor's report — i.e., both FY 2025-26 and FY 2024-25. Management must reaffirm that any WIR given for FY 2024-25 (by the predecessor auditor context) remains appropriate, and confirm responsibilities for both years.

⚠️ Common exam mistakes

  • Thinking WIR alone is sufficient audit evidence — it is necessary but NOT sufficient (not SAAE by itself); it must be supported by other evidence.
  • Dating the WIR after the audit report date — WIR must be dated no later than the audit report date.
  • Assuming WIR only covers the current year — it must cover all periods referred to in the auditor's report, including comparative periods.
  • Confusing WIR as optional — it is a required piece of audit evidence; refusal by management constitutes a scope limitation.
  • Not understanding why WIR must be close to audit report date — it is because it needs to capture subsequent events between FS date and audit report date.
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