ACC 490 Week 2 Learning Team Assignment Auditing, Attestation, and Assurance Services Paper

May 1st, 2015
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ACC 490 Week 2 Learning Team Assignment Auditing, Attestation, and Assurance Services Paper

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Auditing, Attestation, and Assurance ServicesMembersUniversity of PhoenixInstructorDateAuditing, Attestation, and Assurance ServicesThere are many services provided from a financial standpoint for companies; including auditing attestation and assurance. Different companies and people will as for different services based on their individual needs. Most companies however require auditing services in their financial departments. Different services are required for each of the services and they must be followed to complete the service being provided. The three most common services are auditing, attestation and assurance.Type of ServiceAuditing is referred to as certification of financial statements; because it is a process of gathering and studying evidence on assertions about economic actions and comparing it with established criteria for interested users. Attestation is like auditing only it goes into looking at other subject matter other than financial statements that is another partys responsibility. Auditing is defined as a type of attestation, and both are special types of assurance services. Assurance services are defined as services that improve the quality of information for interested users and decision makers. While auditing refers specifically to the certification of financial statements and attestation refers to an expanded set of financial information beyond financial statements, assurance services include many areas o

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