2. Why is Professional Skepticism important in audits of Financial Statements?
Having Professional Scepticism is essential in the audit process and is a skill that every auditor should have. Professional Scepticism and professional judgement are intimately connected to one another. Both are essential to the proper conduct of the audit and are key inputs to audit quality. 持有职业怀疑态度在审计过程至关重要，这也是每个审计人员应该具备的技能。 职业怀疑态度和专业判断是密切相关的。两者对于正确进行审计都是必不可少的，并且是审计质量的关键要素。 Professional Scepticism makes it easier for auditors […]
1. Professional Skepticism In An Audit Of Financial Statements
The auditing practice requires a high level of Professional Skepticism at all times. 在审计领域，职业怀疑论的概念无处不在。 In the same way that a Jedi from Star Wars is always working to improve his or her understanding of the “force,” an auditor is always working to improve his or her capacity to exercise Professional Skepticism. When carrying out an […]
Distribution of Partnership Profits Accounting
he process of spreading the total profit or net loss of a partnership among its participants in the proportion corresponding to the Profit-Sharing Ratio is referred to as the distribution of profits. In the absence of a partnership agreement, each partner is entitled to an equal share of the partnership’s net profit or a net […]
