Advisory services is an emerging field that goes beyond the auditor's traditional attestation function.

Question

Quizplus · Accepted Answer

Advisory services refer to the provision of consulting and other non-attest services that help clients improve their performance, manage risks, and achieve their goals. This is a newer area for auditors, as their traditional role has been focused on attestation services that provide assurance over financial statements and other financial and non-financial information.

Advisory Services Is an Emerging Field That Goes Beyond the Auditor's