Assurance Services

Assurance Services

Assurance services are supposed to be rather independent professional services which are usually provided by certified public accountants (CPA’s) in all parts and countries of the world. There are many types of assurance services being provided all over the world such as auditing, attestation services, accounts receivable review, business risk assessment, comfort letter, customer satisfaction survey, Information systems security review and Internal audit outsourcing etc. Besides providing assurance services, these certified public accounts also provide different services such as assurance and attestation services, corporate finance (also known as initial public offerings, share and debt issuing, merger and acquisition), corporate governance, estate planning, financial accounting, financial analysis, financial planning, forensic accounting, income tax, information technology, tax preparation and planning and venture capital etc. The primary responsibilities of assurance agencies are to provide right and error information to companies in order to minimize the potential threats and business information risks.  Assurance services are required by many businesses that are mostly engaged in provision of financial and financial security services. Assurance services can also be categorized as some sort of consulting services. Assurance services are very useful and helpful in testing the validity of financial statements but these services also deal in information systems security reviews as well.