GuestProfessional Scepticism
Source: Clackr sample text
Professional scepticism means a questioning mind. The auditor stays alert to conditions that may point to misstatement, whether caused by error or by fraud, and does not accept an explanation simply because it is convenient.
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About Audit
Auditing ideas every student meets early: what makes evidence sufficient and appropriate, why an auditor keeps professional scepticism, and how materiality guides planning under SA 320.