Assurance is a term used in different contexts, but it generally refers to providing confidence or certainty about something. In the business and accounting world, assurance services are independent professional services provided by accountants or auditors to improve the quality or context of information for decision-makers
. These services can include a review of financial documents or transactions to reduce information risk and provide an independent and professional opinion
. Assurance can also refer to financial coverage that provides remuneration for an event that is certain to happen, similar to insurance
