A review of historical financial statements is another type of attestation service performed by CPAs This type of review is often adequate to meet users' needs and can be provided by the cPa firm at a much lower fee than an audit Arens, Loebbecke; Auditing, 8/ o2000 br Prentice Hall. Inc
Arens, Loebbecke; Auditing, 8/E © 2000 by Prentice Hall, Inc. A review of historical financial statements is another type of attestation service performed by CPAs. This type of review is often adequate to meet users’ needs and can be provided by the CPA firm at a much lower fee than an audit
The elliott Committee was charged with researching and developing new assurance services opportunities for CPAs to provide to business and individual clients who need relevant and reliable information for critical decision making. Assurance Services on Information Technology There is even greater demand for assurance about computer controls surrounding information transacted electronically and the security of the information related to the transactions CPAs can help provide assurance about these functions. Two examples: 1. Assurances over Web site controls 2. Assurances about information system reliability Arens, Loebbecke; Auditing, 8/ o2000 br Prentice Hall. Inc
Arens, Loebbecke; Auditing, 8/E © 2000 by Prentice Hall, Inc. The Elliott Committee was charged with researching and developingnew assurance services opportunities for CPAs to provide to business and individual clients who need relevant and reliable information for critical decision making. Assurance Services on Information Technology There is even greater demand for assurance about computer controls surrounding information transacted electronically and the security of the information related to the transactions. CPAs can help provide assurance about these functions. Two examples: 1. Assurances over Web site controls 2. Assurances about information system reliability
CPA WebTrust CPA firms that are licensed by the aICPa to perform this service provide assurance to users of Web sites through the CPA Web Trust I CPAS electronic WebTrust seal affixed to the Web site This seal assures the user that the Web site owner has met established criteria related to business practices, transaction integrity, and information processes. Web Trustis an attestation service, and the Web Trust seal is a symbolic representation of the CPA's report on managements assertions about its disclosure of electronic commerce practices. Arens, Loebbecke; Auditing, 8/ o2000 br Prentice Hall. Inc
Arens, Loebbecke; Auditing, 8/E © 2000 by Prentice Hall, Inc. CPA WebTrust CPA firms that are licensed by the AICPA to perform this service provide assurance to users of Web sites through the CPA’s electronic WebTrust seal affixed to the Web site. This seal assures the user that the Web site owner has met established criteria related to business practices, transaction integrity, and information processes. WebTrust is an attestation service, and the WebTrustseal is a symbolic representation of the CPA’s report on management’s assertions about its disclosure of electronic commerce practices