Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Join our platform to get reliable answers to your questions from a knowledgeable community of experts. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.
Sagot :
According to “The glossary of terms contained within the IAASB’s Handbook of International internal control, Auditing, Review, Other Assurance, and Related Services Pronouncements “professional skepticism is-“An attitude that features a questioning mind, being tuned in to conditions which can indicate possible misstatement thanks to error or fraud, and a critical assessment of evidence.”
The main objective of Professional skepticism is to enhance the auditor’s capability to recognize risks of fabric misstatement and to retort to the risks identified. Professional skepticism is associated with fundamental ethical considerations of auditor objectivity and independence. Additionally, it is associated with the appliance of professional judgment by the auditor.
To use professional skepticism, various actions that a profession- Ally skeptical auditor will take at various stages from client acceptance and at various points during the audit process ,are assessing engagement acceptance , performing risk assessment ,obtaining audit evidence ,evaluating evidence .
To learn more about professional skepticism here
https://brainly.com/question/28238551
#SPJ4
Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.
