Image for Assurance Standards

Assurance Standards

Assurance standards are established guidelines that auditors and professionals follow to ensure the quality, consistency, and reliability of their work when evaluating financial statements or other information. These standards set out the procedures, ethical requirements, and criteria necessary for providing an independent and unbiased opinion. Essentially, they help confirm that the information being reported is accurate and trustworthy, giving users, such as investors or regulators, confidence that the financial reports are prepared with integrity and in accordance with accepted practices.