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Review of Financial Statements

A review assignment is an Assurance assignment whereby the accountant is commissioned to review a financial statement. As a result of the audit, a review report is drawn up. The degree of assurance to be provided through this report is less compared to the degree of assurance provided with an audit assignment.

Should your organization, for whatever reason, have no need or obligation (as yet), to an audit of the financial statements, a review assignment may well be an option for you.