You are Isigani, CPA and auditor of Country Service Cleaning Company. The company president, Mr. Linis, is asking for a consulting engagement yet keeps mentioning the phrase " provide us with assurance" You decided to give Mr. Linis a rundown differences between assurance services and consulting services.   Differentiate assurance services from consulting services, based on the following factors: Parties Involved Primary Purpose Focus Output's objective

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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You are Isigani, CPA and auditor of Country Service Cleaning Company. The company president, Mr. Linis, is asking for a consulting engagement yet keeps mentioning the phrase " provide us with assurance" You decided to give Mr. Linis a rundown differences between assurance services and consulting services.

 

Differentiate assurance services from consulting services, based on the following factors:

  1. Parties Involved
  2. Primary Purpose
  3. Focus
  4. Output's objective
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