Three common types of attestation services are:
A) audits, reviews, and attestations regarding internal controls.
B) audits, verifications, and attestations regarding internal controls.
C) reviews, verifications, and attestations regarding internal controls.
D) audits, reviews, and verifications.

Question

Quizplus · Accepted Answer

Audits, reviews, and attestations regarding internal controls are the three common types of attestation services. Audits involve a comprehensive examination of an organization's financial statements, internal controls, and compliance with laws and regulations. Reviews are less extensive and focus on providing limited assurance about financial statements. Attestations regarding internal controls involve providing assurance on the effectiveness of an organization's internal controls to prevent or detect fraud or errors.

Three Common Types of Attestation Services Are