A review differs from an audit in that the scope of a review is lesser than the scope of an audit .A review is generally limited to auditing the inquiry and analytical procedures of a company .An audit consists of choosing from all available evidence a combination that limits the chance of undetected material misstatement. Since the scope of an audit is more in depth than a review there is a higher level of assurance. An auditor’s report states an opinion while a review only expresses that the auditor is not aware of any material modifications that should be made. The AICPA AU 500 identifies and describes the principal management assertions underlying a set of financial statements. Of these assertions, existence was particularly critical for ZZZZ Best’s insurance restoration. The limitation of the evidence from reviewing documentation and analytical proced...