Explain the principle of professional judgement. When or why might it be necessary to employ professional judgement,

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Explain the principle of professional judgement. When or why might it be necessary to employ professional judgement, even in a rules-based system?

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Auditing Cases An Interactive Learning Approach

ISBN: 9780134421827

7th Edition

Authors: Mark S Beasley, Frank A. Buckless, Steven M. Glover, Douglas F Prawitt

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Posted Date: Oct 23, 2023 04:44 AM

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Explain the principle of professional judgement. When or why might it be necessary to employ professional judgement,

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Expert Answer:

The principle of professional judgment is the exercise of discretion expertise and informed decisionmaking by professionals in their respective fields Even in systems with welldefined rules and regula... View the full answer

Auditing Cases An Interactive Learning Approach

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