Reference no: EM133184064

Using the following list of audit concepts, match these concepts to the best definition/explanation provided below.

1. Professional Skeptisim

2. Objectivity

3. Internal Auditor

4. Materiality

5. Information Risk

6. Self-review threat

7. Analytical Procedures

8. Unqualified Opinion

9. Business Risk

1. The concept that a certain dollar amount, calculated by the auditor, that the auditor believes will impact the decision-making process of users of the financial statements.

2. Audit testing that evaluates financial information by calculating and studying the relationships between both financial and non-financial data.

3. Maintaining an attitude that includes a questioning mind, being alert to conditions that may indicate possible misstatement due to error or fraud, and a critical assessment of audit evidence.

4. Occurs when the auditor gives an opinion on work that the auditor helped to complete on behalf of the auditee.

5. Provided by the auditor when the auditor concludes that there is no persuasive material misstatement in the financial statements and that the financial statement  present fairly.

6. Occurs when management may not meet the goals and objectives of the company as set by themselves, market analysists and/or shareholders.