Page 206 - AAA Integrated Workbook STUDENT S18-J19
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Chapter 12 4
1.2 Comparison of audits and audit-related services
Audits Audit-related services
Nature of service Audit of financial Review Agreed upon
statements procedures
Level of Reasonable but not Limited assurance No assurance
assurance 100% assurance
provided
Report provided Positive assurance Negative Factual findings of
on assertions assurance on procedures
assertions
Professional International International International
guidance Standards on Standards on Standards on
Auditing Review Related Services
Engagements
International
Standards on
Assurance
Engagements
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