State Three Types of Assurance Services That Fall Within the Auditing

question 105

Essay

State three types of assurance services that fall within the auditing standards but are not audits, reviews, or compilations of financial statements in accordance with GAAP.

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Definitions:

Frequency Distribution

Represents the organization of data points in respect of their occurrence over a given dataset.

Data Set

A group of associated data sets made up of distinct components which can be handled together as a single entity by a computer.

Data Set

A collection of related sets of information that is composed of separate elements but can be manipulated as a unit.

Median

A statistical measure representing the middle value in a data set when the values are arranged in ascending or descending order.