Limit Table Of Contents Attestation For Free

There are three main types of attest functions including a comprehensive examination, a review of an examination completed by another party, and a partial examination that is limited to an analysis of specific procedures.

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).

The Interim Attestation Standards consist of: AT 101 Attest Engagements. AT 201 Agreed-Upon Procedures Engagements. AT 301 Financial Forecasts and Projections.

Since its founding in early 2003, the PCAOB has issued 16 auditing standards, covering internal control over financial reporting, and a set of eight foundational risk-assessment standards.

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.

The four categories of attestation services are audits of historical financial statements, attestation on the effectiveness of internal control over financial reporting, reviews of historical financial statements, and other attestation services.

Examples of attestation engagements are: Reporting on financial projections made by a client. Reporting on pro forma financial information formulated by a client. Reporting on how well the internal controls in a client process function.