Neil Gonzales, ACCT 470-V2WW, Assignment 1-5 Final

Neil Gonzales, ACCT 470-V2WW, Assignment 1-5 Final - Neil...

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Neil Gonzales Assignment 1-5 Contrasting Assurance Services 20 points Due: May 8 Purpose To assess your ability to contrast the various types of assurance services. Action Items 1. Complete the requirements for Chapter 1, Review Question 1-5 in Auditing and Assurance Services . Chapter 1: Review Question 1-5. Define auditing, attest, and assurance services. “Auditing is a systematic process of objectively obtaining and evaluating evidence regarding assertions about economic actions and events ascertain the degree of correspondence between those assertions and established criteria and communicating the results to interested users” “Attest services occur when a practitioner is engaged to issue… a report on subject matter, or an assertion about subject matter, that is the responsibility of another party” (Messier et al., 2010, p. 12). “Assurance services are independent professional services that improve the quality of information, or its context, for decision makers” (Messier et al., 2010, p. 12).
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This note was uploaded on 05/25/2011 for the course ACCT 420 taught by Professor Fidler during the Winter '08 term at Franklin.

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Neil Gonzales, ACCT 470-V2WW, Assignment 1-5 Final - Neil...

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