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About Summary Chapter Notes Combined With Lecture Notes Chapter 12458 10
This document provides an overview of auditing and assurance services including: 1) It defines assurance engagements and the different types (levels) of assurance that can be provided including reasonable and limited assurance. 2) It outlines the responsibilities of financial report preparers versus auditors, and limitations of an audit. The main responsibility of auditors is to express an opinion on whether financial reports are prepared according to standards. 3) It describes the top five types of assurance services - financial report audits, compliance audits, performance audits, comprehensive audits, and internal audits. There is demand for these services to enhance reliability and trust in financial information. 4) Regulation and standards help ensure
Detailed Information
| Author: | ['Ramon Absin'] |
|---|---|
| Publication Year: | 2019 |
| Pages: | 44 |
| Language: | English |
| Format: | |
| Price: | FREE |
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