Professional Skepticism and Judgment

Free CPA AUD (Auditing & Attestation) lesson in Ethics, Professional Responsibilities and General Principles. 13 min read, ~1,932 words.

Professional skepticism (AU-C 200) = questioning mind, alertness to fraud or error, and critical assessment of audit evidence. Professional judgment = competent, objective application of training and knowledge with all relevant facts, including contradictory evidence, in view. Skepticism is a mindset; judgment is a skill. Skepticism flags that something needs...

What this lesson covers

• Content
• Example 1
• Common Mistakes
• Check Your Understanding
• Exam Shortcuts

Learning objectives

• I.B1

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