Scepticism is at the heart of the value of an audit in establishing the truth of the numbers. It's independence's best friend in my opinion!
Scepticism: the practitioners' take Professional scepticism is central to the work of auditors and yet audit regulators and others continue to express concerns that auditors are not sufficiently sceptical. This report explores what auditors and other stakeholders think about how it can be enhanced and who is responsible for it. The full report Click the button below to read the full report. View more Without professional scepticism the audit has no value. It’s at the heart of what auditors do, but the idea of scepticism is not easy to pin down. The urge to use it, or rather the lack of it, as a catch-all for anything that is wrong in auditing or financial reporting should be resisted. Not everything is the result of a lack of scepticism.