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An audit is a form of assurance engagement. True or false?

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Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2016/12/24

my Answer is Maybe True! But am not sure

Soliman Abd  ALmalak Gendy
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

All audit engagement are assurance engagement but not all assurance engagements are audit engagements

*  assuranceAudit  engagement is one type of assurance that provides reasonable

Muneer Kallumpurath
by Muneer Kallumpurath , Financial Analyst , Sinwan Trading & Contracting Co.

It is true , because the auditor make sure the original transactions with the actual recorded transation

Nazmul Islam CMA
by Nazmul Islam CMA , Manager , Robi Axiatal Ltd.

I think the statement is partially true.

ANAS ABDUL KHAREEM
by ANAS ABDUL KHAREEM , accounts executive , SMART TRAVELS LLC

No it is not TRUE to say that Audit is only one type of assurance engagement

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