This Management Representation Letter is the final document you sign before your CPA issues their audit opinion. By signing this, you (the CEO/CFO) take legal responsibility for the “truth” of the books, ensuring the auditor isn’t held liable for information you might have withheld.
For Atlas Water Corp, this draft follows the PCAOB (Public Company Accounting Oversight Board) standards required for a 2026 SEC Form C filing of $2,500,000.
Management Representation Letter Template
[Date of Auditor’s Report]
To: [Name of CPA Firm]
[CPA Firm Address]
This representation letter is provided in connection with your audit of the financial statements of Atlas Water Corp (“the Company”) as of December 31, 2025, and December 31, 2024, for the purpose of expressing an opinion as to whether the financial statements present fairly, in all material respects, the financial position and results of operations in accordance with U.S. GAAP.
1. Financial Statements & Records
- We have fulfilled our responsibilities for the preparation and fair presentation of the financial statements in accordance with U.S. GAAP.
- We have provided you with access to all financial records, documentation, and relevant data, including minutes of the meetings of stockholders and directors.
- There are no unrecorded transactions or “side agreements” that have not been disclosed to you.
2. Fraud & Internal Control
- We acknowledge our responsibility for the design, implementation, and maintenance of internal controls to prevent and detect fraud.
- We have disclosed to you the results of our assessment of the risk that the financial statements may be materially misstated as a result of fraud.
- We have no knowledge of any fraud or suspected fraud affecting the Company involving management or employees who have significant roles in internal control.
3. Assets & Liabilities
- The Company has satisfactory title to all owned assets (including filtration hardware and intellectual property), and there are no liens or encumbrances on such assets except as disclosed.
- We have disclosed all known actual or possible litigation, claims, and assessments whose effects should be considered when preparing the financial statements.
- All related-party transactions, including sales, purchases, and loans with officers or directors, have been properly recorded and disclosed.
4. Specific to Water Tech & Regulation
- We have disclosed all communications from the EPA, NSF, or other regulatory agencies concerning noncompliance with environmental or safety laws.
- We believe the carrying value of our inventory (modular water units) is recoverable and has been adjusted for any obsolescence or physical damage.
5. Subsequent Events
- No events have occurred subsequent to the balance sheet date and through the date of this letter that would require adjustment to, or disclosure in, the financial statements.
Execution
Very truly yours,
Atlas Water Corp
[Name], Chief Executive Officer
[Name], Chief Financial Officer / Principal Accounting Officer
Important Timing Note
You must sign this letter on the same day the auditor signs their Audit Report. If there is a gap of even a few days, the auditor will ask you to sign an updated version to ensure nothing changed in the interim.
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