The amount of evidence and assurance needed for each engagement is defined by the profession, reducing the need for the accountant to make judgments for these engagements.

Question

Quizplus · Accepted Answer

The amount of evidence and assurance needed for each engagement varies, and it is the responsibility of the accountant to exercise professional judgment to determine the appropriate level of evidence and assurance required for the specific circumstances of the engagement.

The Amount of Evidence and Assurance Needed for Each Engagement