Relevant assertions are assertions made by the auditor about the financial statements of the company that have a reasonable possibility of containing a misstatement that would cause the statements to be misstated.

Question

Quizplus · Accepted Answer

Relevant assertions are made by management, not the auditor, about the financial statements and are those that have a reasonable possibility of containing a misstatement that could affect the financial statements.

Relevant Assertions Are Assertions Made by the Auditor About the Financial