Professional judgment is essential to auditors and the quality of audits.

Required:
a. Explain professional judgment in the context of an audit, giving three examples of situations in the audit process that require use of it.
b. The generally accepted auditing standards from the CICA Handbook include specific standards intended to enhance the quality and value of audits. Identify three requirements in CAS that relate to general, examination, and reporting standards and explain how each one can help junior auditors develop their professional judgment.