An accounting statement that attests to the accuracy of facts or data contained within an audit report when no evidence can be found to contradict the claim. A negative assurance statement is usually given when an accountant reviews another accountant's report and is unable to find any errors therein.
Related information about negative assurance:
- Negative assurance - Wikipedia, the free encyclopedia
Negative assurance is a method used by the Certified Public Accountant to assure various parties, such as bankers and stockbrokers, that financial data under ...
- Negative Assurance Definition | Investopedia
A representation that particular facts are believed to be accurate since no contrary evidence has been found. Negative assurance is normally used by auditors in ...
- Negative Assurance Definition & Example | InvestingAnswers
We explain the definition of Negative Assurance, provide a clear example of how it works and explain why it's an important concept in business, finance ...
- Negative Assurance in Securities Offerings - American Bar Association
the negative assurance counsel sometimes provides in securities offerings regard- ... offering of securities, that counsel5 provide them negative assurance ...
- Negative Assurance: Definition from Answers.com
Method used by the certified public accountant to assure various parties, such as bankers and stockbrokers, that financial data under review by them is.
- Auditing Dictionary of Terms
negative assurance A statement of what the CPA does not know as opposed to what the CPA believes (positive assurance). A statement that the CPA was "not ...
- What Is Negative Assurance?
Brief and Straightforward Guide: What Is Negative Assurance?
- What is negative assurance? definition and meaning
Definition of negative assurance: An accounting statement that attests to the accuracy of ... A negative assurance statement is usually given when an accountant ...