• 1 Marks

AAA – Nov 2011 – L3 – SA – Q18 – Assurance Engagements

Identifies an engagement type that does not qualify as an assurance engagement.

Which ONE of the following is NOT an example of assurance engagement?

  • A. Reports for lenders and other investors
  • B. Reports on environmental performance
  • C. Reports and statement of accounting policies
  • D. Reports on corporate social responsibility performance
  • E. A private audit

E

Explanation: The answer is E. A private audit. While assurance engagements provide stakeholders with an independent assessment of information, a private audit does not necessarily follow the public reporting and verification standards required for assurance engagements. It is often conducted for internal or private purposes and may not meet the same assurance criteria.

Back to all questions

Pick a Form

Professional Tutor Application Form
Academic Tutor Application Form
Student Tutor Application Form