Key Concepts: Types of Assurance Statements

Check the wording in the assurance report to determine if the assurance provided is
• limited (negative); or
• reasonable (positive).

A reasonable assurance involves greater time and effort by the assurer but also provides a higher level of assurance.

Reviews that provide assurance can be

• general in nature (cover the entire report); or
• specific in nature (covering only selected indicators or other selected information).