Enhancing Auditor Professional Skepticism

Enhancing Auditor Professional Skepticism, commissioned by the Standards Working Group (SWG) of the Global Public Policy Committee, provides strategic consideration and research to the topic of professional skepticism and is valuable to those in the audit profession, audit regulators, audit standard setters, and others who work in the audit arena. This publication considers the importance of developing a shared understanding of what professional skepticism is, how it should be applied, the threats to professional skepticism, and the safeguards that may be cost-effective. It provides ideas and recommendations on how the auditors might enhance the application of professional skepticism, briefly indicating how other key stakeholders can contribute to its effective application.