Assurance: Difference between revisions
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* [[Auditing standards]] | * [[Auditing standards]] | ||
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* [[Financial Reporting Council]] | * [[Financial Reporting Council]] | ||
Revision as of 21:25, 29 May 2024
1. Financial and other reporting.
The practice and outcome of independent review work on financial reporting or other information, designed to enhance the credibility of the information.
A common example is an independent financial audit.
2. Risk evaluation - risk management.
A high degree of belief that matters are as stated, as expected, or otherwise acceptably low risk.
3. Insurance.
Life assurance - also known as life insurance - is a type of insurance which most commonly pays out to dependants on the death of the insured person.
