Shanghai Attest Services
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Attest Services is a type of professional service usually provided by CPAs. Attest services can include review of any kind of financial document or transaction, such as a loan, contract or financial website. This review certifies the correctness and validity of the item being reviewed by the CPA.
Attest Services-Type
Audits can be considered a type of Attest service. However, audits are only designed to test the validity of the financial statements. Under an attest engagement, accountants can provide a variety of services ranging from information systems security reviews to customer satisfaction surveys. Unlike audit and attestation services that are often highly structured, attest services tend to be customized and implemented when performed for a smaller group of decision makers within the firm. Often managers must make decisions on things they have incomplete or inaccurate data for, and decisions made on such data may be incorrect and increase the overall business risk. In this respect, Attest services can be very helpful in reducing such risk and help managers or decision makers make more confident decisions within a given firm. This is similar to audits in that investors will choose to invest in a firm that is publishing financial statements that have been audited by an independent firm.
Attest services can test financial and non-financial information; due to this Attest services can be classified as consulting services. However, attest services are not considered consulting because in consulting services, an accountant generally uses their professional knowledge to make recommendations for a future event or a procedure, such as the design of an information system or accounting control system. In contrast, attest services are designed to test the validity of past data of the business cycles. Although there is no boundary to what an accountant can test in Attest services, a practitioner is discouraged from accepting an attest engagement in which his firm or previous experiences does not provide them with enough expertise to make a professional opinion on the given data.
Attest Services Contact Us
If you have further queries, please don’t hesitate to contact ATAHK anytime, anywhere by simply visiting ATAHK’s website www.3737580.net , or calling Shanghai hotline at 86-21-58822399,86-21-31397142, or emailing to hkcfm-shanghai@163.com,or adding our QQ:2355725119 ,skype:shtannet123