What is false assurance?
False Assurance is a high quality corporate training film which brings to life a number of topical board issues such as cyber security, impairment, executive remuneration and fraud.
What is the purpose of assurance?
The objective of an assurance engagement is to obtain sufficient appropriate evidence to express a conclusion, providing reasonable or limited assurance, as to whether the audited body has complied with the specified requirements of the appropriate legislation (the 'criteria') in all material respects.
What is meant by assurance engagement?
“Assurance engagement” means an engagement in which a practitioner expresses a conclusion designed to enhance the degree of confidence of the intended users other than the responsible party about the outcome of the evaluation or measurement of a subject matter against criteria.