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reasonable assurance

Term in auditing

Term

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Machine-translated from the Swedish article

Reasonable assurance (rimlig säkerhet) is a concept in auditing. Reasonable assurance means that the audit and the audit report demonstrate that the company's financial statements do not contain material misstatements. Even within the concept of reasonable assurance, some minor, but not major, errors may arise in the financial statements.

Text: Swedish Wikipedia, machine translation, CC BY-SA 4.0. ·

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Confirmation