Martha Minnati was reviewing the previous years audited financial statements of a clothing manufacturer. Her...

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Accounting

Martha Minnati was reviewing the previous years audited financial statements of a clothing manufacturer. Her manager explained to her that for a financial statement audit, the clothing company was the accountable party, its shareholders were the users, and the subject matter was the financial statements. What kind of audit engagement was her manager describing?

consulting engagement

assurance engagement

review engagement

compliance engagement

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