Explore BrainMass

Explore BrainMass

    Public Accounting: Assurance and User Expectations

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Why is public accounting often viewed as a guarantor of results or even as a provider of assurance that one's investment is of high quality?

    To what extent is the user expectations of public accounting profession appear to be unwarranted?

    © BrainMass Inc. brainmass.com June 3, 2020, 10:04 pm ad1c9bdddf
    https://brainmass.com/business/accounting/213488

    Solution Preview

    I think in large regard public accounting is viewed as a guarantor of results and a provider of assurance is because traditionally companies have relied on independent accounting firms to perform this function. With this in mind, people have come to assume that ...

    Solution Summary

    This is a discussion on public accounting and how it incurs user expectations and becomes a provider of assurance.

    $2.19

    ADVERTISEMENT