Professional Skepticism

Overview

To believe or disbelieve … that is the question often faced by CPAs in public accounting and by accountants and financial professionals in business and industry. This workshop addresses the mindset of professional skepticism that is often required in a variety of settings. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

• The Professional Skepticism "Mind Set"
• Recent Pronouncements
• Professional Skepticism as Diligence
• Cases and Controversies
• Conclusion

Prerequisites

None

Designed For

All accounting professionals.

Objectives

• Understand how professional skepticism applies to both accounting and professional ethics.
  
• Explain the perspectives, purposes and content of authoritative pronouncements regarding professional skepticism on the part of auditors.
  
• Identify areas of accountants' dependence on management assertions, including areas where professional skepticism may require corroboration.
  
• Appreciate the need to find a balance between belief and disbelief in response to management assertions.

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by CPA Crossings. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.