ICAEW SE · Chapter 7 · Question 7 of 18
Which of the following best describes professional scepticism?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: A) An attitude that includes a questioning mind, being alert to conditions that may indicate misstatement, and critical assessment of evidence
Explanation
Professional scepticism means maintaining a questioning mind and critically assessing evidence, without assuming either dishonesty or unquestioned honesty. It helps accountants to identify errors, bias and fraud. Automatically assuming dishonesty or rejecting all client evidence would be unbalanced and impractical.
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