How do assurance services and consulting services differ?

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Nqobile Nxumalo · Accepted Answer

Other employees in an organization can provide consulting services but only an internal audit activity can provide assurance services

Nqobile Nxumalo · Answer

There is less variety of consulting services that an internal audit activity might provide compared to assurance services

Nqobile Nxumalo · Answer

Assurance services are limited to financial events or actions, and consulting services are not limited in this way

Nqobile Nxumalo · Answer

Consulting services do not have to be included in the internal audit charter

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