Business entities need the attestation report by an auditor on data or information related to specific matter in order to comply with the requirements of regulatory or organizational authorities, carry on certain business activity, or obtain a license, and meet other business requirements.

The American Institute of Certified Public Accountants (AICPA) defines the attestation engagements – according to the Statement on Standards for Attestation Engagements No. 18 (SSAE 18) – as an examination, review, or agreed-upon procedures engagement performed under the attestation standards related to subject matter or an assertion that is the responsibility of another party. Examples of subject matters covered under the attestation engagements include:

1. Reports on historical statements of loans extended to customers, which are submitted to Central Bank of Kuwait.
2. Reports on historical statements of loans extended to employees, which are submitted to Central Bank of Kuwait.
3. Reports on historical statements of insurance policies issued by insurers operating in the State of Kuwait, which are submitted to Ministry of Commerce & Industry.