1. What types of assurance services are provided by the public accounting profession? What factors create a need for assurance services? 2. What is an attestation function? What major factors create a...

1. What types of assurance services are provided by the public accounting profession? What factors create a need for assurance services?

2. What is an attestation function? What major factors create a demand for the performance of attestation services by public accounting firms?

3. What is the essence of the ‘theory of inspired confidence’ developed by Limperg in the 1930s.

4. What are the main objectives of audits of financial statements? How does an audit enhance the quality of financial statements?

5. How do assurance services differ from audit services? How have these differences developed in recent years?