To which type of assurance engagement does the umbrella standard ASAE 3000 (ISAE 3000) 'Assurance Engagements other than Audits and Reviews of Historical Financial Information' not apply?
A)A performance audit on a government department.
B)A review of a half-yearly financial report.
C)A limited assurance report on the effectiveness of internal control.
D)ASAE 3000 applies to all of A-C.

Question

Quizplus · Accepted Answer

ASAE 3000 does not apply to audits and reviews of historical financial information, which includes reviews of half-yearly financial reports.

To Which Type of Assurance Engagement Does the Umbrella Standard