What does reasonable assurance mean? Why do internal auditors provide reasonable assurance rather than absolute assurance?

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What does “reasonable assurance” mean? Why do internal auditors provide reasonable assurance rather than absolute assurance?

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Internal Auditing Assurance & Advisory Services

ISBN: 9780894139871

4th Edition

Authors: Urton L. Anderson, Michael J. Head, Sridhar Ramamoorti, Cris Riddle, Mark Salamasick, Paul J. Sobel

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Question Posted: Aug 13, 2023 12:22 AM

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What does reasonable assurance mean? Why do internal auditors provide reasonable assurance rather than absolute assurance?

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Reasonable assurance is a term used in the context of auditing and risk management It refers to the level of confidence that auditors or risk professi...View the full answer

Internal Auditing Assurance & Advisory Services

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