Question 1c
Examiners Report
Part (c) for 3 marks required an identification and explanation of the levels of assurance provided by external audit and other review engagements. This question was on the whole answered well.
Many candidates produced clear and concise answers which addressed the levels of assurance for each of the types of engagements. A minority of candidates just referred to positive and negative assurance without linking them back to the two types of engagements.