Define: Assurance Engagement
Assurance Engagement means following established professional guidelines to perform specified auditing procedures
Assurance Engagement means following established professional guidelines to perform specified auditing procedures.
Relevant Circumstances
- A company hires an external auditor to perform an audit
- An agreement is established between a company and their internal auditors
- A service agreement that involves testing, evaluation or verification aspects
Relevant Sectors
- Accounting
- Finance
- Information Technology