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B2015b Client Organizer Amp Engagement Letter Tax Happens LLC CPA  Form

B2015b Client Organizer Amp Engagement Letter Tax Happens LLC CPA Form

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let's now look at review engagements now we have a short video on limited Assurance engagements um and so be very very important for you to listen to this now with this type of Engagement remember when you talk about um the level of assurance engagement we have different types of assurance uh that can be provided uh by by an assurance practitioner in this case it's a limited assurance that is provided I'm not limited Assurance basically means that the auditor is not saying or the Assurance practitioner is not saying that the financials or the information that is being audited is free of material statement the the practitioner is simply saying that those set of statements are believable or plausible uh so it's it's a it's a lower level of uh Assurance than a reasonable assurance now so you can see here the difference between a reasonable assurance and a limited Assurance like I said this is a higher level of assurance this is a lower level

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