The organization that was established to identify,develop,and communicate new assurance service opportunities is the:
A)Assurance Services Executive Committee.
B)Attestation Standards Board.
C)Auditing Standards Board.
D)Counsel of Executives.

Question

Quizplus · Accepted Answer

The Assurance Services Executive Committee (ASEC) was established by the American Institute of Certified Public Accountants (AICPA) to identify, develop and communicate new assurance service opportunities. The ASEC develops guidance and tools to help auditors provide assurance services beyond traditional financial statement audits.

The Organization That Was Established to Identify,develop,and Communicate New Assurance