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Forums › ACCA Forums › ACCA AA Audit and Assurance Forums › Assurance engagement
What are the requirement for assurance engagement ?
There are five elements of Assurance Engagement:
1. The subjuect Matter (e.g Financial Statements)
2. The Three main parties
a. The person responsible for preparing the subject matter
b. The assurance provider who will check the subject matter and give assurance
c. The intended user (e.g Shareholders)
3. The report by the assurance provider
4. Standards used to check the subject matter
5. Level of assurance provided ( Positive or Negative)
@ waheed84
Thanks 🙂
How about definition and its objectives?