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Audit and Assurance

 

Assignment Details:

  • Words: 1500

 

Your group are required to:

 

(i) Discuss the following aspects of Assurance Engagement and Other Related Services. Your group may choose one type from the list provided in Appendix A. Each group must perform a different type of engagement/service. First come first basis.  ( OUR GROUP DOING COMPILATION SERVICE)

 

(ii) Your report MUST include:

 

  • Provide at least two example of case studies (local/international) and delineate the key points including the structure and type of report produced pertaining to this type of engagement/service.
  • Provide source of authoritative support (e.g. Auditing Standard, Accounting and Review Services Standard, ISAE/ISRE/ISRS, Companies Act 2016 etc.) related to the assigned assurance engagement/other related services.
  • Conclusion.

 

Guidelines:

 

a)(Times New Roman, font size 12, 1.5 space)

 

b)It should have a proper introduction, conclusion and list of references. Make a proper citation to avoid plagiarism. Run TURNITIN and plagiarism rate does not exceed 20%. Include the Summary of Turnitin Report (1 page) in the Assignment Written Report.

 

Appendix A

 

List of Assurance related services/Non-Audit Assurance services

 

  • Agreed-upon procedures engagement
  • Attestation engagement – type of assurance service that audit firm issues audit report about the reliability of subject matter
  • Compilation service
  • Examination
  • Forecasts
  • Projections
  • Prospective financial statements
  • Public company interim review
  • Review service (SSARS review) – review of unaudited financial statements designed to provide limited assurance
  • Sys Trust attestation service
  • Web Trust attestation service

 

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