Assertion level means
This query is : Resolved
rajnikanta sahu
(Querist)
28 September 2015
could any one please clarify my doubts regarding a ssertion level
30 September 2015
Assertions in audit means what management claims. For example, if a management states that internal controls are effective then it is a claim or assertion made by management.
assertions in three categories:-
Assertions about classes of transactions and events
Assertions about account balances at the period end
Assertions about presentation and disclosure
Let me know, if u query has been resloved or not.
assertions in three categories:-
Assertions about classes of transactions and events
Assertions about account balances at the period end
Assertions about presentation and disclosure
Let me know, if u query has been resloved or not.
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