The essence of the attest function is to:
A) examine individual transactions so that the auditor may certify as to their validity.
B) determine whether the client's financial statements are fairly stated.
C) detect collusion and fraud.
D) assure the consistent application of correct accounting procedures.

Question

Quizplus · Accepted Answer

The attest function's primary objective is to examine and verify financial statements of an organization and provide an independent assurance to stakeholders about the fairness of these statements. The auditor does not examine individual transactions, detect collusion and fraud, or assure the consistent application of correct accounting procedures.

The Essence of the Attest Function Is To