Keywords

professional skepticism, audit quality, stakeholder engagement

Abstract

The Standards Working Group (SWG) of the Global Public Policy Committee of the six largest global accounting networks is committed to improving the quality of financial statement audits and as such has a keen interest in advancing the understanding and application of professional skepticism. The SWG accordingly commissioned leading academics to produce this thought leadership paper. The purpose of the paper is to facilitate an ongoing discussion between the profession, standard setters, regulators, investors, audit committees, and other interested stakeholders. While the SWG believes this paper accomplishes that objective, not all of the views expressed in this paper necessarily represent the views of individual networks represented in the SWG.

Original Publication Citation

“Enhancing Auditor Professional Skepticism: The Professional Skepticism Continuum,” with S. Glover--Current Issues in Auditing, Vol. 8, No. 2, January 2015.