Week 1 - Users Flashcards
1
Q
Who else may want assurance?
A
Banks, employees, government, HMRC, potential investors, society
2
Q
What is the first reasons users seek this assurance?
A
Provides confidence on the reliability of information
3
Q
What is the second reason users seek this assurance?
A
Provides details of any materials misstatements which have been identified
4
Q
What is the third reason users seek this assurance?
A
Allows users to make better business decisions
