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Topic:What is the meaning of assertion in Auditing ?

AnonymousPosted on 8th January,2021 05:15 PM

In the chapter of Basic concept of Auditing, Assertion defined as "Assertion refers to representation by management, explicit or otherwise, that are embodied in the financial statement,as used by the auditor to consider the different type of potential misstatement that may occur" Could u plz explain a word assertion using this sentence.\r\n
Main Category: Audit | Sub Category: Others | Reply Count: 1 |
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