Assurance: Difference between revisions
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1. ''Financial and other reporting'' | 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. | ||
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2. ''Insurance'' | 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. | 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. |
Revision as of 15:03, 13 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.