[Responsibilities] Professional Skepticism

안녕하세요. 고라소니입니다.

이번 포스팅에서는 회계감사에서 Auditor에게 요구되는 Professional Skepticism에 대해 정리해보도록 하겠습니다.

■ The auditor should exercise professional judgment to plan and perform an audit with professional skepticism, recognizing that circumstances may exist that cause the financial statements to be materially misstated.

 

■ Professional skepticism is an attitude that includes

1. A questioning mind,

2. Alertness to conditions that may indicate material misstatement, and

3. Critical assessment of audit evidence.

 

■ Reasons that an auditor only obtains reasonable, and not absolute assurance that financial statements are free from material misstatements are

① Nature of Financial Reporting

② Nature of Auditing Procedures

③ Cost and Benefit

 

※ 예제를 살펴볼까요?

○ The another example of the application of professional skepticism is to assess the authentication of all documents and evidence obtained during an audit engagemnet. (X)

- 틀린 부분을 빨간 배경색 처리 했는데요. All 이 아니고 Material , Critical 한 부분만을 찾는 것입니다.

○ To exercise due professional care, an auditor should examine all available corroborating evidence supporting management assertions.(X)

- 역시 틀린 부분을 빨간 배경색 처리 했는데요. All 이 아니고 Material , Critical 한 부분만을 찾는 것입니다.

○ To exercise due professional care, an auditor should critically review the judgement exercised by those assisting in the audit. (O)