Management Assertions - Assignment Point
Management Assertions
Subject: Finance | Topics:

Management assertions or monetary statement assertions are classified as the implicit or explicit assertions which the preparer of financial statements (management) is making to it is users. Financial statements include assertions relevant to the recognition, dimension, presentation, and disclosure with the financial information included within such claims. The role with the auditor in a financial statement audit is to obtain evidence in respect of whether management’s assertions may be supported.

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