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negative assurance

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:
  1. 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 ...
     
  2. 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 ...
     
  3. 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 ...
     
  4. 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 ...
     
  5. 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.
     
  6. 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 ...
     
  7. What Is Negative Assurance?
    Brief and Straightforward Guide: What Is Negative Assurance?
     
  8. 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 ...