Question
__________ refers to the attitude that includes a
questioning mind and a critical assessment of audit evidence.Solution
Professional skepticism is an essential mindset for auditors. It involves maintaining a questioning and critical attitude when assessing audit evidence. Auditors with professional skepticism are not easily swayed by management assertions or documents, but instead seek to obtain sufficient and appropriate evidence to support their conclusions. This attitude helps auditors to objectively evaluate the reliability and integrity of financial information, identify potential misstatements or fraud, and ensure the overall quality and credibility of the audit process.
What is the object of Central Consumer Protection Council?
Which of the following are punishments under Section 4 of the Bharatiya Nyaya Sanhita?
No person shall conduct, organise or assist in organising any stock exchange or clearing corporation unless he has obtain...
Who transformed the idea of the law of "tort" into a conceptual tree, suggesting that, like branches of a tree, the law of tort expands with society and...
How often does the Authority review the quality of the website or repository as per the provisions laid down under the IFSCA Act?
The expression "agent duly authorised in this behalf" in Sections 18 and 19 of Limitation Act, 1963 shall, in the case of a person under disability to s...
Which one of the following provision of Indian Penal Code relates to "Criminal Force"?Â
Which authority appoints the Member-Secretary of the State Legal Services Authority as per the Legal Service Authorities Act
Principal has been defined under Sec. 182 of the Indian Contract Act, 1872 as ____________
A small company is a company whose paid-up capital and turn over shall________________