List and explain the elements of an assurance engagement

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Question: 1. Discuss why auditors and accountants are engaged in assurance engagements other than financial statement audits.

Question: 2. What is meant by reasonable and limited assurance engagements' Give an example for each type.

Question: 3. List and explain the elements of an assurance engagement.

Question: 4. What is forensic auditing?

Question: 5. Explain why an organisation might employ an assurance practitioner to perform due diligence before deciding to purchase a new business.

Question: 6. What are the likely factors that lead to fraud?

Question: 7. What is meant by the three Es in a performance audit?

Question: 8. What is meant by the term prospective financial information?

Question: 9. Discuss the significance of assurance quality.

Question: 10. Define total audit quality management.

Reference no: EM132974169

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