Question: A statement made by an auditor that 'nothing has come to our attention that causes us to believe that the financial report of ABC Limited

A statement made by an auditor that 'nothing has come to our attention that causes us to believe that the financial report of ABC Limited for the year ended 30 June 2024 does not present fairly the financial position and the results of operations, and its cash flows for the year then ended in accordance with an identified financial reporting framework' is known as: (a) Reasonable assurance. (b) Positive assurance. (c) Negative assurance. (d) Reasonable caution

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!