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CA Inter doubt

Can anyone explain what is meant by assertion levels?

Asked by Kalyan19 Jul 2024396 views

2 answers

  1. Sujal · 19 Jul 2024

    It means that affects the individual items of f.s, further it can be of two type, i) inherent risk ii) coherent risk

  2. SM · 19 Jul 2024

    Assertion are those items which is shown in financial statements

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