Assertion: assurance | /r/CapableOf | satisfy prudent officials
Facets:
Source sentences:
text: When evaluating the severity of a deficiency, or combination of deficiencies, the auditor also should determine the level of detail and degree of assurance that would satisfy prudent officials in the conduct of their own affairs that they have reasonable assurance that transactions are recorded as necessary to permit the preparation of financial statements in conformity with Generally Accepted Accounting Principles.