Business Glossary

formal statement by an auditor after thorough examination and consideration, as to whether financial statements fairly present financial position and operating results. With an attest, the public accountant provides an objective evaluation to aid financial statement users.

sworn statement of fact or condition, duties or responsibilities, signed by person making the statement, often in the presence of a notary public or another indifferent person. In the case of a will, the testator signs in the presence of two or more witnesses, or before a notary public.

to affirm as true or bear witness to. One may attest by signing one's name as a witness to the execution of a document.

to witness by observation and signature.

Example: Many contracts require a third party to attest to the signing by the principals.