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Auditors evaluate subject matter or an assertion in ance with specific criteria. Attest engagements include assurance and non-assurance services. Most importantly, attest services are a set of protected services that only licensed certified public accountants (CPA) who operate within a CPA firm can perform.

Two primary types of attestation services are: audits of historical financial statements and reviews of historical financial statements.

What are the Attestation Standards? The goal of attestation standards are to provide guidance, set boundaries around a growing service line, define a measure of quality, and outline the objectives that should be reached when performing attestation engagements.

What Is an Attestation Service? Audit. An audit is an in-depth type of attestation service, and it will provide an unbiased opinion on your financial statements. ... Review. A review involves performing inquiries and applying analytical procedures to obtain evidence about the financial statements. ... Compilation.

An attestation engagement is an arrangement with a client where an independent third party investigates and reports on subject matter created by a client. Examples of attestation engagements are: Reporting on financial projections made by a client. Reporting on pro forma financial information formulated by a client.

An attest engagement is one in which a CPA in public practice (i.e., practitioner) is engaged to, or does, issue an examination/audit, review, compilation or agreed-upon procedures report on subject matter, or an assertion about subject matter, that is the responsibility of another party (usually management).

In an attestation (also known as assertion-based engagement), the responsible party carries out the measurement or evaluation of the subject matter and reports the information.