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Good day Sir, my question is as regards reasonable and limited assurance, do all statutory audits conducted by an auditor give rise to a reasonable assurance.
Yes. Statutory audits are all aiming to say that the FA do give a true and fair view.
There are some voluntary audits and reviews of FS which are a matter of agreement between the parties. By and large, voluntary audits would probably seek to give reasonable assurance whilst review of the FS are limited assurance engagements (cheaper).
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