3. How can Audit Firms and Auditors promote Professional Skepticism?
Professional Skepticism is influenced by personal behavioural characteristics (i.e., attitudes and ethical values) and the level of competence (i.e., knowledge) of the individual conducting the audit. These, in turn, are influenced by education, training, and experience. The Professional Skepticism of the engagement team is also influenced by the behaviour of the firm’s leadership and engagement […]
