Auditors perform audit attestation to enhance the credibility of the financial report. However, it is quite impossible
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Auditors perform audit attestation to enhance the credibility of the financial report. However, it is quite impossible for the auditors to provide an absolute assurance regarding the subject matter on which they express their opinion.
Required
a. Why is it impossible for an auditor to provide absolute assurance regarding subject matter on which they express their opinion?
b. Explain what type of assurance an auditor should provide in a financial report audit.
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Related Book For
Modern Auditing And Assurance Services
ISBN: 9781118615249
6th Edition
Authors: Philomena Leung, Paul Coram, Barry J. Cooper, Peter Richardson
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