'An engagement in which a practitioner is engaged to issue a written communication that expresses a conclusion with respect to the reliability of a written assertion that is the responsibility of another party' is the definition of:
A) a compilation engagement.
B) an assurance engagement.
C) a review engagement.
D) an audit engagement.

Question

Quizplus · Accepted Answer

The given definition describes an assurance engagement, where a practitioner is engaged to provide assurance on the reliability of a written assertion made by another party. This can include a variety of services such as attestation, compliance, and other forms of assurance engagements. Choice A, C, and D refer to different types of accounting and financial statement engagements, which are not comprehensive enough to cover the definition provided.

'An Engagement in Which a Practitioner Is Engaged to Issue