Unformatted text preview: passes the application of professional judgment. To summarize, assurance services can capture information, improve its quality, and enhance its usefulness for decision
This text focuses primarily on ﬁnancial statement auditing because it represents the major assurance service offered by most public accounting ﬁrms.
See the Report of the AICPA Special Committee on Assurance Services (Elliott Committee), New York,
NY: AICPA, 1996. mes25435_ch01_001-032.indd
mes25435_ch01_001-032.indd 13 26/05/11 9:24 PM Conﬁrming Pages 14 Part 1 Introduction to Assurance and Financial Statement Auditing In addition, in many instances, the approach, concepts, methods, and techniques
used for ﬁnancial statement audits also apply to other attest and assurance
service engagements. While this text focuses primarily on ﬁnancial statement
auditing, Chapters 2 and 21 describe various examples of audit, attest, and assurance services commonly offered by auditors, including internal auditors who are
directly employed by the company for which they provide se...
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- Auditor's report, ﬁnancial statement auditing