Auditing & Assurance Services: A Systematic Approach (Irwin Accounting)
Auditing & Assurance Services: A Systematic Approach (Irwin Accounting)
10th Edition
ISBN: 9780077732509
Author: William F Messier Jr, Steven M. Glover Associate Professor, Douglas F. Prawitt Associate Professor
Publisher: McGraw-Hill Education
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Chapter 4, Problem 4.13MCQ
To determine

Concept Introduction:Auditing is an independent examination of financial statements; where in independent auditor provided his opinion on the true and fair view of the financial statement. The set of financial statement includes income statement, balance sheet, statement of owner’s equity, and statement of cash flows.

To choose: The concept that is pervasive in the application of auditing standards.

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What are the five management assertions that serve as basis for financial statements audit programs?
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