What is the meaning of Assertion?

Explicit or implicit representations by an entity's management that are embodied in financial statement components and for which the auditor obtains and evaluates evidential matter when forming his or her opinion on the entity's financial statements.

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APABarry Goldsmith. (2010). assertion. Retrieved September 20, 2026, from http://smartdefine.org/assertion/definitions/1147874
ChicagoBarry Goldsmith. 2010. "assertion" http://smartdefine.org/assertion/definitions/1147874 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, assertion, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/assertion/definitions/1147874>.
MLABarry Goldsmith. "assertion" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/assertion/definitions/1147874>
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