Auditors are required to have professional skepticism, but an auditor must also rely on management representations in
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Auditors are required to have professional skepticism, but an auditor must also rely on management representations in order to complete the audit. Discuss the inherent conflicts in these two requirements and how they may be resolved.
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The following are some of the points that can be discussed Professional skepticism is required to comply with the general standard of auditing and tha...View the full answer
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I started studying economics in my school days. I realised, I enjoy analysing things connected to the society and mother nature. Since my childhood days, I have witnessed my family focusing upon the correct utilization of household items and guiding towards understanding the value of the available resources and their proper utilization. I beleive, this somehow further boosted my interest towards Economics as a career option.
For me Economics is all about making right decision at the right time and studying the possible outcomes. I have an analytical approach towards things I do. I beleive, that help me to understand a wide range of issue from what determines the price, causes and consequences.
The journey of my teaching was started when I was in my graduation, during that days I used to help one of my junior who was in the 1st year and I was in my final year. I helped him in learning about the basics and clear all his doubts by relating with the real life examples.
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Related Book For
Auditing An International Approach
ISBN: 978-0071051415
6th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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