Attestation services involve a CPA expressing a conclusion about the reliability of a written declaration that is the responsibility of someone else. Examples include examining controls at a service organization (SOC reports), performance measurements, and compliance with contractual agreements.
Business environments are becoming increasingly complex. Attestation provides stakeholders with specialized assurance on specific aspects of a business, beyond the typical scope of financial statements.
Attestation engagements are performed under the Statement on Standards for Attestation Engagements (SSAE). The CPA conducting attestation work must be independent and is required to have adequate knowledge of the subject matter.
Attestation services offer added value by addressing various user needs that are not satisfied by traditional audit or review services. They can enhance stakeholder trust and give a business's financial and non-financial assertions a stamp of credibility.
Each blog post outlined above delves into a different aspect of financial statement services that a CPA audit firm might offer. The goal is to ensure potential customers browsing the firm's site receive valuable information tailored to their needs, ultimately guiding them toward becoming clients.