Difference between revisions of "Professional Scepticism"
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== Definition == | == Definition == | ||
| − | '''Professional Scepticism''' means an attitude that includes: | + | '''Professional Scepticism''' is an expression used in the context of [[Audit]] and [[Risk Management]] functions. It means an attitude that includes: |
* a questioning mind | * a questioning mind | ||
* being alert to conditions which may indicate possible misstatement due to fraud or error, and | * being alert to conditions which may indicate possible misstatement due to fraud or error, and | ||
Latest revision as of 16:34, 12 October 2021
Definition
Professional Scepticism is an expression used in the context of Audit and Risk Management functions. It means an attitude that includes:
- a questioning mind
- being alert to conditions which may indicate possible misstatement due to fraud or error, and
- a critical assessment of audit evidence
References
- ISA 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with International Standards on Auditing
