3 ms·
As an accountant and auditor I would call this an assurance engagement, not an audit.
by jsmith99 4y ago
As an accountant and auditor I would call this an assurance engagement, not an audit.
- bookshell 4y agoIt’s not even that, it was just an “Agreed-Upon Procedures” engagement. An assurance engagement would at least use a methodology the assessing firm would stand by on albeit with limitations. In this case, they don’t even claim the procedures are appropriate for how intended and unintended users might interpret the letter.