I've seen so many different & conflicting ones.
Wiley Management representation assertions - COVER-U completeness, cutoff, valuation, existence, rights & obligations, understandability
Wiley FS assertions - PERCV presentation, existence, rights & obligations, completeness, valuation
Assertions for online assurance engagements - online privacy, confidentiality, availability, processing integrity, security
Gleim - "CARE CURV" completeness, accuracy, rights/obligations, existence, classification, cutoff, valuation, occurrence
I understand the first 3. What's "CARE CURV" for? Also why are there 2 "R"s and no "O"s for occurrence?
Where does MD&A come into play? I know it's included in most 10-k at the start. Are there separate engagements to report on MD&A or is it included in every audit & review?
There are so many different assertions it's hard to tell which ones are redundant or for different occasions. Also anyone else find the online one's obnoxious; processing integrity + availability + 3 synonyms of security?
AUD - 69, 74, 93
FAR - 78
REG - 79