Module 10 - Assurance And Other Engagements Flashcards
(2 cards)
1
Q
Key stages of an assurance engagement
A
- Acceptance and Continuance
- Planning (including risk assessment)
- Systems and control analysis
- Substantive testing
- Completion
2
Q
Elements of an assurance engagement
A
- 3 party relationship
- Subject matter
- Criteria
- Sufficient appropriate evidence
- Conclusion