Application of Professional Skepticism (On-Demand) 2019

Description

Professional skepticism should be ingrained in our work every day – from the time we arrive to the time we depart. It should be on our minds from planning to wrap-up. It is critical we keep the core concepts of professional skepticism in mind at all times.

The companion chapter, Audit Staff Essentials New Staff: Core Concepts, “Introduction to Professional Skepticism,” covered the basics of professional skepticism, including our professional requirements under generally accepted auditing standards (GAAS); the link between professional skepticism and professional judgment; and impediments and mitigation techniques integral to the use of professional skepticism.

In this chapter, as in the companion chapter, a case study approach is used to illustrate and delve into further concepts related to professional skepticism, including additional factors that can impair our skepticism, the role of ethics, and a look at the tools we use to apply our skills. First, a broad look at the guidance that applies.

Learning Objectives
  • Identify internal and external factors that affect the auditor’s application of professional skepticism and judgment influences that lead to less-than-optimal decision-making.
  • Recall the connection between professional ethics and professional skepticism.
  • Recall how and when to use a judgment framework.
    Identify good practices for documenting professional skepticism.
Major Topics
  • Internal and external factors affecting judgment
  • Role of ethics
  • Review of biases
  • Professional judgment and professional skepticism
  • The decision-making process
Provider
AICPA - Durham
Course Level
Intermediate
CPE Field of Study
Auditing
1.5
Prerequisites

None.

Advanced Preparation

None.

Purchase Now
When
Available 24/7
Location
Online
Total CPE Credits
1.5
Format
On-Demand

MEMBER


$ (% off)
$89.00

NON-MEMBER


$ (% off)
$109.00
Become A Member

Purchase This Program

Application of Professional Skepticism (On-Demand) 2019


Your browser is out-of-date!

Update your browser to view this website correctly.

Update my browser now

×