Positive assurance
id:
positive-assurance-246-7310399
title:
Positive assurance
text:
Positive assurance within accounting ethics, is the affirmation that a Certified Public Accountant believes a something to be true or correct. Issuing an opinion that the financial statements are presented fairly in conformity with U.S. GAAP is an example of a CPA providing positive assurance. When an unmodified audit opinion is given, by definition, the CPA has provided positive assurance because they performed work to prove that financial statements are free from material error. The corollary
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Positive_assurance
date created:
date modified:
2022-07-14T13:05:44Z
main entity:
{"identifier":"Q7233254","url":"https://www.wikidata.org/entity/Q7233254"}
image:
fields total:
13
integrity:
13