Tag Archives: #LevelofAuditInnovationFrameworks

Audit Level: What level of assurance does an audit provide ?

Audit Level An audit provides a high level of assurance on the financial statements of an entity. The purpose of an audit is to express an opinion on whether the financial statements are prepared, in all material respects, in accordance with the applicable financial reporting framework. The auditor collects adequate and relevant audit evidence to… Read More »