Negative assurance is not stating that any illegal activity did not occur, it is stating that the auditor could not find any instances of illegal activity. Understanding Negative Assurance .

Assurance Details. The term assurance can be related to several utilities. It can indicate experienced services supplied by lawyers, accountants, and other specialists, ...

Negative assurance assumes accuracy in the absence of negative findings. How Assurance Works . One of the best examples of assurance is whole life insurance as opposed to term life insurance.

Provide negative assurance if the forensic auditing procedures do not identify any risk indicators; refer for investigation if the auditing procedures identify sufficient indicators and red flags.