A type of professional service usually provided by CPAs. Assurance services can include review of any kind of financial document or transaction, such as a loan, contract or financial website. This review certifies the correctness and validity of the item being reviewed by the CPA.
Investopedia Says:
Assurance services can come in variety of forms and are meant to provide the firm contracting the CPA with pertinant information in order to ease decision making. For example, the client could request that the CPA carefully go over all of the numbers and math that are on the client's mortgage website to ensure that all of the calculations and equations are correct.
Related Links:
We decode the meaning of the many letters that can follow the names of financial professionals. The Alphabet Soup Of Financial Certifications
Follow accounting from its roots in ancient times to the profession we now depend on. Financial History: The Evolution Of Accounting
The phone book isn't the best place to start your search. Learn some shopping tips here. Crunch Numbers To Find The Ideal Accountant
Find out which certifications can bring you the greatest career returns. Financial Designations Aren't All Created Equal
A couple of letters can mean a big difference. Find out which designation you need and how to get it. CPA, CFA Or CFP - Pick Your Abbreviation Carefully
Copyright ©2010, Investopedia.com - Owned and Operated by Investopedia US, A Division of ValueClick, Inc. All rights reserved.
