Describe the differences between the 3 engagements: 1. an audit (examination) 2. a review 3. a compilation. What is the level of assurance being offered for each engagement? Give an example of when a business would request each engagement.

Describe the differences between the 3 engagements: 1. an audit (examination) 2. a review 3. a compilation. What is the level of assurance being offered for each engagement? Give an example of when a business would request each engagement.