Accounting or Bookkeeping Practice Term
Attest work
Audits, reviews, and compilations, the engagements where a CPA formally vouches for financial statements, which by law only a licensed CPA firm may perform.
Attest work is why the CPA-ownership rule bites: a firm doing audits or reviews must be majority CPA-owned, which narrows the buyer pool and shapes how a non-CPA searcher can structure the deal.