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What is the objective of a review engagement?

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Versatile Accounting Calgary
What is the objective of a review engagement?

The Review Engagement or Limited Assurance is sometimes calling negative engagement. This type of engagement is different from a reasonable assurance engagement.

Normally, this engagement, auditor perform fewer procedures and review to support a conclusion on the financial statements in terms of whether anything has come to the auditor attention to indicated that the financial statements are not prepared in accordance with the specific accounting standard.

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