Auditing standards require that the auditor exercise professional judgment and maintain professional skepticism throughout the planning and performance of the audit.

Question

Quizplus · Accepted Answer

Auditing standards do require the auditor to exercise professional judgment and maintain professional skepticism throughout the entire audit process. This means that the auditor needs to be objective and independent, always questioning and testing the information provided by the client in order to ensure that the financial statements are presented fairly and accurately. Professional judgment and skepticism are critical to the success of the audit and the reliability of the audit opinion.

Auditing Standards Require That the Auditor Exercise Professional Judgment and Maintain