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. Discuss in detail that 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.