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Compare the attestation services provided by independent professionals with other assurance services provided by CPAs. Next,...

Compare the attestation services provided by independent professionals with other assurance services provided by CPAs. Next, discuss at least two (2) goals of each service and how the service contributes to decreasing the risk of reporting errors or misstatements in financial statements. Provide the underlying principles supporting your response.

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Answer #1

Assurance service is a service that can be Provided by independent professionals Or CPS's to improve the quality of information. The independent professionals used are Unbiased regarding the data reviewed. Independent non CPA firms offer independent reviews of the quality businesses,quality and services. The attestation is a report produced by The CPA firm based on a review or audit of a subject matter.

Attestation provided by CPA firms are as follows-

1. Audit of historical financial statements

2. accounting and bookkeeping services

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