Which of the following is not one of the AICPA categories of assertions?
A) assertions about classes of transactions and events for the period under audit
B) assertions about financial statements and correspondence to GAAP
C) assertions about account balances at period end
D) assertions about presentation and disclosure

Question

Quizplus · Accepted Answer

The AICPA categories of assertions include assertions about classes of transactions and events for the period under audit, assertions about account balances at period end, and assertions about presentation and disclosure. Correspondence to GAAP is not considered a separate category of assertion, but rather a common thread throughout all of the categories.

Which of the Following Is Not One of the AICPA