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In 130 characters or more define assurance services. What type of business do you think needs...

In 130 characters or more define assurance services. What type of business do you think needs these services?

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Answer #1

Assurance services are kind of a professional service, provide by a certified or chartered accountants. Assurance services can be provide for reviewing financials such as annual reports, loans, contracts or financial websites etc. These services measure the material aspects, correctness and validity.

Assurance service helps in improving context, providing fair information which helps decision makes.

These services are being used by all public listed company, as per the stock exchange Commission each company has to get their financials audited in order to provide accurate or most appropriate information to shareholders.

More specifically mortgage, banking and investment companies needs assurance services most in order to make a healthy decision on their investments.

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