Attest Function


DEFINITION of 'Attest Function'

The process of independent review of the validity of data audited by an accountant. The attest function encompasses all research done in an audit, including all of the testing and examination of a company's data and numbers. It also includes the finished audit report. An attest function often refers to the independent review (audit) of a company's financial statements.

BREAKING DOWN 'Attest Function'

The attest function is one of the most important duties of any Certified Public Accountant (CPA). In order for an attest function to be affective, an adequate amount of data must be sampled. The goal of an attest function is to express an opinion on a company's financial statements and provide some assurance as to their accuracy.

  1. Financial Statements

    Records that outline the financial activities of a business, ...
  2. Accounting Valuation

    The process of valuing a company's assets for financial-reporting ...
  3. Audit

    1. An unbiased examination and evaluation of the financial statements ...
  4. Accounting

    The systematic and comprehensive recording of financial transactions ...
  5. Certified Public Accountant - CPA

    A designation given by the American Institute of Certified Public ...
  6. Encumbrance

    A claim against a property by a party that is not the owner. ...
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