User Account

All Pages

Define professional skepticism

Assignment Help Management Theories
Reference no: EM131617741

Question: Professional Skepticism. An important principle for auditors is the need to maintain an appropriate level of professional skepticism.

Required: a. Define professional skepticism.

b. During which stages of the audit are auditors required to exhibit professional skepticism?

c. How does each of the following independent issues potentially relate to the principle of professional skepticism?

1. The auditor's firm has served the client for a long period of time and strong friendships have developed between the firm personnel and client's officers.

2. Auditors are anxious to complete the audit shortly because of other workload demands and deadlines related to other engagements.

3. The client has mentioned on a number of occasions its desire to reduce (or limit) the audit fee.

Reference no: EM131617741

Questions Cloud

Which platform is easier to configure : Which platform is easier to configure, patch, and secure? Include some best practices for securing a hypervisor.
Discuss psychotherapy has a biological basis : An explanation of whether psychotherapy has a biological basis. Explain how culture, religion, and socioeconomics might influence one's perspective
What is the opportunity cost of food : What is the opportunity cost of Food? Of Clothing? Is an output combination of 60 units of food feasible and 20 units of clothing feasible? Why or Why not?
Why are registries kept in chronological order : List three things a registry might be used for. Why are registries kept in chronological order?Did Anna commit fraud and/or abuse? Explain your answer.
Define professional skepticism : Professional Skepticism. An important principle for auditors is the need to maintain an appropriate level of professional skepticism.
Discuss fear to qualify as a mental disorder : What might it take for his fear to qualify as a mental disorder. You can use your imagination to fill in the possible details relevant to each paradigm
Improve financial performance : Describe the concepts balanced scorecard and dashboard. How can these tools be used to improve financial performance?
Prepare an agenda of activities for the training program : Prepare an agenda of activities for the training program. Develop the training objective for this program based on an analysis of the business.
Define independence in fact and independence in appearance : Independence. Generally accepted auditing standards require auditors to be independent. Included within this standard are the concepts of independence.

Reviews

Write a Review

Management Theories Questions & Answers

  Comment on the shape of the distribution

Dividend yield is the annual dividend paid by a company expressed as a percentage of the price of the stock (Dividend/Stock Price x 100).

  Describe how one of your leaders communicates expectations

Describe how one of your leaders communicates expectations

  Illustrate case study of voorhis v consolidated rail corp

While Mrs. Voorhis was buying a train ticket, her niece took Mrs. Voorhis's suitcase, containing $34,000 worth of jewelry, to the track from which the train.

  May attorney x, while serving as a city commissioner on the

1. May Attorney X, while serving as a city commissioner on the city commission of a home-rule Texas city, represent persons charged with criminal offenses in the county and district courts where the city police department participates in the investig..

  How have you grown in your academic and professional goals

How have you grown in your academic and professional goals? Did you achieve or are you on the path to achieving what you intended to accomplish in pursuing your MBA

  What is the utilization during peak hours

An AS/RS is used for work-in-process storage in a manufacturing facility. The AS/RS has five aisles, each aisle being 120 ft long and 40 ft high.

  Hypothetical situation

In developing the Portfolio Project for this course, you have an opportunity to synthesize and apply the concepts, principles, and theories studied here in a practical scenario. You will be writing a white paper in response to the following hy..

  Why the sales function is critical to the company''s success

Why the sales function is critical to the company's success?

  Has walmarts response been appropriate

Why did the centralization of decisions at the headquarters of Walmart's international division create problems for the company's different national operations?

  Create a presentation based on conflict management

Create a PowerPoint presentation based on your final research paper topic (Conflict Management). The presentation should have an introduction slide, as well as a reference slide(s) at the end of the presentation.

  Perfect phrases for keeping the onboarding plan on track

Perfect Phrases for Keeping the Onboarding Plan on Track

  Case study assignment originality check enabled

Please read the cases in Chapter 7 - Cultural Intelligence in Action. Answer the following questions in a short answer format, and highlight your answers in yellow. Each question must be answered in at least 3 sentences or more (excluding quotes/r..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd