PERSPECTIVE: Absolute Assurance in a “Reasonable Assurance” World

Our Risk Management team has published a new whitepaper on Absolute Assurance in a “Reasonable Assurance” World.

Recently, in response to evolving pressures from the Public Company Accounting Oversight Board (“PCAOB”), external audit firms have migrated from this concept (reasonable assurance) to one which more closely aligns with absolute assurance.

For this and other technical, authoritative guidance, visit our Perspectives here