The public places high value assurance services provided by an external public accountant, as the CPA's involvement directly enhances the degree of confidence intended users can place on the financial statements to make economic decisions. A proper mindset, including professional skepticism, is a critical feature of a high-quality audit or other attest service. Professional skepticism is an essential attitude that enhances the ability to identify and respond to conditions that may indicate possible material misstatement, whether due to fraud or error. This fraud CPE course will help you understand the qualities of a skeptical auditor and how to utilize skepticism in assurance services.
Learning Objectives
Upon completion of this course, participants will be able to:
Recognize traits of a skeptical auditor
Explain applying professional skepticism on any assurance service
Recall fraud, including examples of fraud indicators
Identify the auditor's responsibility for identifying and responding to fraud in a financial statement audit
