Professional scepticism in audit: part 2

In the second part of a two-part series, Croner-i senior technical writer Michelle Roberts ACA looks at how auditors can avoid criticism for failing to provide evidence of professional scepticism by ensuring all discussion, challenges and judgments are documented

Under International Standards on Audit as applied in the UK (ISA (UK)), an auditor is required to carry out their work with professional scepticism. One of the main reasons that audit firms get criticised by professional bodies and regulators where professional scepticism is concerned, is that they fail to provide evidence proving that the auditor has applied professional scepticism when it comes to the file review.

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