Professional Skepticism Throughout A Winter Quarter...

Introduction Auditors face greater battles than deciding how to record debits and credits, or attempting to balance their stakeholders’ interests. The most important struggle occurs in the mind of every individual auditor, regardless of rank or status. The issue at hand involves an auditor’s duty to practice professional skepticism. Although it may seem easy to remain skeptical as an auditor, in reality, they face numerous barriers to fulfilling this duty. These barriers include but are not limited to: challenging high rank individuals both within the audit firm and at the client company, time constraints, budget constraints, fatigue and personal health concerns, lack of personal knowledge or skill, desire to please certain parties, and intimidation from others. First and foremost, this discussion will elaborate on both the time and budget constraints to professional skepticism, as they tend to go hand in hand. Following, the second section of this discussion will highlight a person al experience of applying professional skepticism throughout a winter quarter auditing internship. Third, as described in PCAOB Audit Staff Practice Alert No. 10, the PCAOB plans to explore meaningful ways to enhance auditor’s professional skepticism. Therefore, contained in section three is a proposal which provides justification for an implementation that may enhance the application of professional skepticism throughout the auditing profession. In culmination of discussing these examples,Show MoreRelatedStrategic Human Resource Management View.Pdf Uploaded Successfully133347 Words   |  534 Pagesworkers are better educated and many are professionals. As a result, they expect to participate more in decision making. In the future, more work is expected to be performed in task force or project teams, power will be shared, managerial status will be Page 22 STRATEGIC HUMAN RESOURCE MANAGEMENT Section One deemphasized, and leadership responsibilities may be rotated.34 Because of the participative aspect of these empowerment trends, many professionals and highly educated employees may haveRead MoreMarketing Mistakes and Successes175322 Words   |  702 Pagesâ€Å"Googling Lunch,† Wall Street Journal, December 1–2, 2007, pp. W1 and W5.) Also furnished were such conveniences as on-site laundry, hair styling, dental and medical care, a car wash, day care, fitness facilities with personal trainers, and a professional masseuse. Brightly colored medicine balls, lava lamps, assorted gadgets and sports equipment gave the appearance of a college campus. Chartered buses had internet access so that commuters to San Francisco could use their laptops. Social events Read MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pages610 Case Incident 2 The Rise of Extreme Jobs 610 Appendix A Research in Organizational Behavior 616 623 Comprehensive Cases Indexes Glindex 637 663 About the Authors Stephen P. Robbins Education Ph.D. University of Arizona Professional Experience Academic Positions: Professor, San Diego State University, Southern Illinois University at Edwardsville, University of Baltimore, Concordia University in Montreal, and University of Nebraska at Omaha. Research: Research interests have