Assurance: Difference between revisions
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1. ''Financial | 1. ''Financial and other reporting'' | ||
The practice and outcome of independent review work on financial reporting or other information, designed to enhance the credibility of the information. | The practice and outcome of independent review work on financial reporting or other information, designed to enhance the credibility of the information. |
Revision as of 15:42, 11 December 2016
1. Financial and other reporting
The practice and outcome of independent review work on financial reporting or other information, designed to enhance the credibility of the information.
A common example is an independent financial audit.
2. Insurance
Life assurance - also known as life insurance - is a type of insurance which most commonly pays out to dependants on the death of the insured person.