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The Accountant’s Perspective – Choosing the right service 25 Jan 2021 / 10:00 H. Picture for representation purposes only. – AFPPIX
WHENEVER you walk into an audit firm, one assumes that you are interested to purchase an audit service. But did you know that your auditor or Reporting Accountant can also provide other types of services under a varied spectrum of assurance?
An important point for you to grasp is the level of assurance you want to derive from these services.
The International Auditing & Assurance Standards Board (IAASB) based in New York requires the concept of assurance be understood before audit and review engagements are to be undertaken.