</div>
<h3 class="block" data-type="Heading" data-format="structure">Reasonable Assurance Engagement</h3>
<div class="block" data-type="BasicList" data-format="list">
<h6 class="">This is like an audit right?</h6>
<ul class="blockList">
<li>
<p>Yes indeed, an audit is a type of reasonable assurance engagement</p>
</li>
</ul>
</div>
<div class="block" data-type="BasicList" data-format="list">
<h6 class="">Ok so what does Reasonable Assurance actually mean?</h6>
<ul class="blockList">
<li>
<p>Well, it is actually a <b>high level </b>of assurance that the auditor is giving here</p>
</li>
<li>
<p>Therefore, <b>sufficient evidence</b> that the subject matter agrees in all material respects to the agreed criteria is required</p>
</li>
<li>
<p>Also it gives a <b>Positive Assurance</b></p>
<p>This means that in their opinion the subject has been prepared in accordance with the criteria required</p>
<p>(as opposed to "there is nothing to suggest that the subject has not been prepared in line with the relevant criteria". </p>
<p>That would be negative assurance)</p>
</li>
</ul>
</div>
<div class="block" data-type="MaterialAudio">
<audio-player type="audio/mp3" src=https://www.acowtancy.com/classes/acca-aa/a1-the-concept-of-audit-and-other-assurance-engagement/a1g-true-and-fair-presentation/"https://audioboom.com/posts/1428663.mp3">
</div>
">