Auditing: A Practical Approach With Data Analytics (Second edition)

"The purpose of this chapter is to provide an overview of assurance, attestation, and audit services.

While the focus of this text is the audit of financial statements, in this chapter we define assurance and attest engagements, and differentiate among the types of assurance engagements.

We also discuss why there is a demand for audit and assurance services, and then identify the separate roles of the financial statement preparer and the auditors.

In addition, we introduce regulatory bodies and other organizations that impact the audit profession.

We also explain what is communicated in the auditor's report as well as discuss the audit expectation gap"--.