“Assurance. What is it? How does it apply to your business? What are the different levels of assurance?
The simple explanation of assurance is confidence. Confidence in the accuracy of the financial statements of the company is often a requirement of lenders, shareholders and others who rely on the financial statements to make important decisions. There are different levels of assurance that may be required. A Certified Public Accountant can provide various levels of assurance by performing a preparation, compilation, review, or audit engagement.”