Explore BrainMass

Explore BrainMass

Differences in assurance, attestation and auditing services

What is the difference between assurance services, attestation services, and auditing services? What are the economic issues that drive the increased demand for assurance services? What is one assurance engagement and one attestation engagement other than an audit of financial statements? What are the differences between the two?

Solution Summary

In a 493 word response, the solution presents a good discussion of the differences in accounting services offered by certified public accounting firms with examples and reasons for better understanding.