Auditing is an independent examination of financial statements where in independent auditor provided his opinion on the true and fair view of the financial statement. Attestation is evidence of proof of something. It is declaration that something exists of the attested matter is true. Assurances services include review of financial statement in which the reviews provides assurance over the correctness and completeness of the financial statements. To choose: The best description of relationship amongst auditing, attest, and assurance services.

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Chapter 1, Problem 1.15MCQ

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Concept Introduction:Auditing is an independent examination of financial statements where in independent auditor provided his opinion on the true and fair view of the financial statement.

Attestation is evidence of proof of something. It is declaration that something exists of the attested matter is true.

Assurances services include review of financial statement in which the reviews provides assurance over the correctness and completeness of the financial statements.

To choose: The best description of relationship amongst auditing, attest, and assurance services.

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