Professional Competence and Skepticism Are Essential to Quality Audits
Published on:
Apr 24, 2023
![Professional Competence and Skepticism Are Essential to Quality Audits Image]()
The Spotlight reminds auditors of the importance of critically assessing the firm’s capabilities, obtaining proper understanding of the company they are auditing, and performing work with due professional care and professional skepticism. These matters are particularly important in circumstances where changes to economic conditions or other factors affect the company.
