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Question
Absolute level of assurance can NEVER be expressed in an External Audit because of inherent limitations of an audit that affect the auditor’s ability to detect [...] in the financial statements.
Answer
Material Misstatements

Question
Absolute level of assurance can NEVER be expressed in an External Audit because of inherent limitations of an audit that affect the auditor’s ability to detect [...] in the financial statements.
Answer
?

Question
Absolute level of assurance can NEVER be expressed in an External Audit because of inherent limitations of an audit that affect the auditor’s ability to detect [...] in the financial statements.
Answer
Material Misstatements
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Absolute level of assurance can NEVER be expressed in an External Audit because of inherent limitations of an audit that affect the auditor’s ability to detect Material Misstatements in the financial statements.

Original toplevel document (pdf)

owner: Shaun2099 - (no access) - H1 BasicConcepts.pdf, p7

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