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Assurance > Week 1 - Roles of assurance providers in society > Flashcards

Week 1 - Roles of assurance providers in society Flashcards

1
Q

What is the first role of assurance providers in society?

A

Provide trust

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2
Q

What is the second role of assurance providers in society?

A

Be ethical

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3
Q

What is the third role of assurance providers in society?

A

Be independent

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4
Q

What is the fourth role of assurance providers in society?

A

Be sceptical

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5
Q

What is the fifth role of assurance providers in society?

A

Be competent

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6
Q

What is the sixth role of assurance providers in society?

A

To detect major errors

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7
Q

What is the seventh role of assurance providers in society?

A

Help minimise the risk of fraud

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8
Q

What is the eighth role of assurance providers in society?

A

Be professional

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9
Q

What are the total 8 roles of assurance providers in society?

A
  • trust
  • ethical
  • independent
  • sceptical
  • competent
  • detect errors
  • minimise fraud
  • professional
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Assurance (81 decks)

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