[Anonymous]

What’s the difference? Or in what Chapter of Becker does it elaborate on these concepts?

Thanks guys!

[Spartans92]

Positive Assurance is like you are giving an opinion that everything is reasonable and fairly stated and F/S are free from material error. Negative assurance is saying nothing came to the auditors attention that requires modification on the F/S. This is also called limited assurance. That said, usually in an Audit positive assurance is required. Negative assurance would be for Review where an opinion is not needed/required.

BEC- PASS

[Author]

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