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meaning of word assertion
what is the meaning of the word assertion in auditing????
Replies (3)
Assertion in simple terms means the claims made by management with respect to recognition , measurement and presentation of various elements such as assets, liabilities, income, expense in preparation of financial statements
Read more at: https://www.caclubindia.com/forum/assertion-meaning-in-auditing-508110.asp
Read more at: https://www.caclubindia.com/forum/assertion-meaning-in-auditing-508110.asp
Assertion in simple terms means the claims made by management with respect to recognition , measurement and presentation of various elements such as assets, liabilities, income, expense in preparation of financial statements
Read more at: https://www.caclubindia.com/forum/assertion-meaning-in-auditing-508110.asp
Read more at: https://www.caclubindia.com/forum/assertion-meaning-in-auditing-508110.asp
Assertion in simple terms means the claims made by management with respect to recognition , measurement and presentation of various elements such as assets, liabilities, income, expense in preparation of financial statements; i.e. appropriateness of the various elements of financial statements and disclosures
tq for u r information
Most welcome.
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