What is the nature of the service provided when an auditor evaluates information using suitable criteria and issues a report that attests to the reliability of the information?
A)internal audit engagement
B)review engagement
C)compilation engagement
D)attestation engagement

Question

Quizplus · Accepted Answer

This describes an attestation engagement, where the auditor evaluates information using suitable criteria and issues a report that attests to the reliability of the information. Internal audit engagements involve the internal audit department assessing the organization's internal controls and operations. Review engagements involve a limited assurance review of financial statements, but do not provide an opinion or attestation on the reliability of the information. Compilation engagements involve the accountant compiling financial information provided by the client, but do not provide an opinion or attestation on the reliability of the information.

What Is the Nature of the Service Provided When an Auditor