What is the fundamental difference between audit and assurance services?
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Businesses use expert reviews to check whether their financial information is true and reliable. Companies rely on audit and assurance services to reduce risk, follow rules and gain trust from investors and banks. HCO & Co. offers clear and simple services so clients understand their reports easily. The fundamental difference between audit and assurance services is that an audit checks and verifies financial statements, while assurance services are broader and give confidence on many types of financial or business information.
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