- A presumption or judgment that underpins an audit or an *audit test. Unlike *postulates of auditing, which are of general validity, an audit assumption is specific to an auditing assignment. Examples of audit assumptions include the judgment that an *auditee is telling the truth, and the judgment that (from the findings of *compliance testing) the vast majority of an organization’s *disbursements are appropriately authorized.
Auditor's dictionary. 2014.
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