Hi my name is Lyanne and I’m the managing director of Wilds. The coronavirus outbreak is having a huge impact on everyone at the moment and we are trying to provide as much support as we can during this time. Have a look at our coronavirus updates on the website and contact us if we can help with anything else.


Why do I need to sign a representation letter?

A letter of representation is a formal letter prepared by us and signed by a member of senior management. In the letter, management attests to the accuracy and completeness of the information provided to us for our analysis.

If we are performing a review of your financial statements you will be required to sign a representation letter.

There are specific guidelines you will need to follow when you have engaged with us to review your financial statements. These rules are important because when a third-party user (such as your bank) receives your “reviewed” financial statements there is a presumption that certain procedures have been followed.

Those procedures require us to obtain written representations. Not only are written representations considered additional review evidence, there are certain specific representations that are required to be included in the representation letter.