Auditing & Assurance Services: A Systematic Approach (Irwin Accounting)
Auditing & Assurance Services: A Systematic Approach (Irwin Accounting)
10th Edition
ISBN: 9780077732509
Author: William F Messier Jr, Steven M. Glover Associate Professor, Douglas F. Prawitt Associate Professor
Publisher: McGraw-Hill Education
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Chapter 21, Problem 21.2RQ
To determine

Concept Introduction:

Auditing is an independent examination of financial statements; where in independent auditor provides an 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 reviewer provides assurance over the correctness and completeness of the financial statements.

To discuss: The attestation services and the way it is different from assurances services.

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