Explain the fundamental differences between an assetion-based examination and a direct examination performed under attestation standards.

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter6: Audit Evidence
Section: Chapter Questions
Problem 4RQSC
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Explain the fundamental
differences between an
assetion-based examination
and a direct examination
performed under attestation
standards.
Transcribed Image Text:Explain the fundamental differences between an assetion-based examination and a direct examination performed under attestation standards.
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