Public Accounting Firms Have Consistently Looked for Additional Services That

Essay

Public accounting firms have consistently looked for additional services that might increase the profitability of the public accounting firm.To that end,CPAs can provide value to clients with assurance services.
Required:
A.Describe two of the services identified by the AICPA.
B.Why would the public prefer to have a public accounting firm as a provider of these services?
C.What are the possible negative consequences for public accounting firms if they provide services outside the realm of traditional accounting services?