Mythbusters is a popular science program on the Discovery Channel. The show's hosts-experts in special effects, art, robotics and electrical, and building-use the scientific method to test the validity of popular "myths" associated with movies, news stories, and adages (such as "You can't teach an old dog new tricks").

1. How does the role of the hosts of Mythbusters compare to the financial statement auditor? (Think about what they are examining and how they examine it.)

2. Some common myths about financial statement auditors are:

a. They examine every transaction.

b. They ensure the financial statements are accurate.

c. They prepare the financial statements.

d. They detect fraud.

e. They must be accountants.

What kinds of evidence can you use to dispel these myths?

3. How would you determine whether the evidence you would use is reliable and/or accurate? Rate the evidence that you would use based upon reliability and accuracy, then explain your ratings.

4. How does your evidence compare to the types of evidence that auditors use?