Category Archive for: Related Services

QUESTIO S AND ANSWERS

Discuss nature and objectives of various services provided by a practicing accountant Services provided by the professional accountants can be categorized into: (1) Assurance engagements (2) Other engagements 1. Assurance engagements The objective of assurance engagement is for practicing accountant to evaluate a subject matter that is the responsibility of another party against identifiable suitable criteria and to express an…

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RELATED SERVICES

Related services compnse reviews, agreed upon procedures and compilation. REVIEWS In a review engagement, the auditor provides a moderate assurance that information subject to review is free of material misstatement. This is expressed in the form of negative assurance. The objective is to enable an auditor to state whether, on the basis of procedures which do not provide all…

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