What is the difference between audit and assurance
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Peter N. asked during the live chat Discover EY - Live Chat Q&A to EY
Category: Role Comparison
Date asked: Tuesday, February 27, 2024
Last reviewed: Tuesday, February 27, 2024
Harry S.
audit associate
Audit and Assurance are two quite similar things - I don't know an exact definition sorry but I'll give it a go! In audit we are performing work to obtain reasonable assurance over financial statements that companies put out each year. This is specific to financial statements. Assurance can involve most pieces of financial information (i.e. you provide assurance over projects).
Tuesday, February 27, 2024
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