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The American Institute of Certified Public Accountants ( AICPA ) and the Institute of Internal Auditors ( IIA ) have positioned the auditing professions to become ― assurance professions .‖ What is the difference between assurance services , attestation services , and auditing services ? What are the economic issues that drive the increased demand for assurance services ? What is one assurance engagement and one attestation engagement other than an audit of financial statements ? What are the differences between the two ? =================================================== ACC 491 Week 1 DQ 2
ACC 491 Week 1 Individual Assignment Generally Accepted
Auditing Standards Paper

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The American Institute of Certified Public Accountants ( AICPA ) and the Institute of Internal Auditors ( IIA ) have positioned the auditing professions to become ― assurance professions .‖ What is the difference between assurance services , attestation services , and auditing services ? What are the economic issues that drive the increased demand for assurance services ? What is one assurance engagement and one attestation engagement other than an audit of financial statements ? What are the differences between the two ? =================================================== ACC 491 Week 1 DQ 2

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The ten Generally Accepted Auditing Standards ( GAAS ) provide the foundation for all other auditing standards and interpretations . What is the definition of the standard of ― due professional care ‖, and how might a court decide whether an audit firm met the standard ? Why is independence often considered the cornerstone of the auditing profession ? Why were independence issues a primary concern of Congress when they developed the Sarbanes-Oxley Act ? ===================================================

ACC 491 Week 1 Individual Assignment Generally Accepted

Auditing Standards Paper

FOR MORE CLASSES VISIT