Assertion Based and Direct Reporting Engagement
Assertion Based and Direct Reporting Engagement
Assertion Based and Direct Reporting Engagement
Reporting Engagement
Assertion based engagement
• Evaluation or measurement of the subject matter is performed by the
responsible party, and the subject matter information is in the form of an
assertion by the responsible party that is made available to the interested users.
• Also known as Attestation engagements.
Auditing
Auditing is a type of assurance and
attestation service that involves
examination of historical FS.