Why is absolute assurance in auditing impossible?

Why is absolute assurance in auditing impossible?

Absolute assurance in audit is the level of assurance whereby audit concludes that no misstatement is in financial statements. This level of assurance implies that the auditor is sure 100% that the financial statements are free from material misstatements.



Absolute assurance in auditing cannot be reached due to the following reasons:

  • The audit process
Read the rest