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Can please explain is there any difference between Non-Assurance Engagement and Non-Audit Work? Thanks!
Assurance = give assurance about something. This could be about historical financial results (a conventional audit) or something like giving assurance about a cash flow budget.
A non-assurance engagement could be a compilation assignment such as preparing financial statements or a tax return. Or it could be what is known as ‘an agreed upon procedure’, such an investigation into an incident of fraud.
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