19011 Principles of Auditing Flashcards
1
Q
4.1
A
Integrity: the foundation of professionalism
2
Q
4.2
A
Fair presentation: the obligation to report truthfully and accurately
3
Q
4.3
A
due professional care: the application of diligence and judgement in auditing
4
Q
4.4
A
confidentiality: security of information
5
Q
4.5
A
Independence: the basis for the impartiality of the audit and objectivity of the audit conclusions
6
Q
4.6
A
Evidence-based Approach: the rational method for reaching reliable and reproducible audit conclusions in a systematic audit process
7
Q
4.7
A
Risk-based approach: an audit should consider risk and opportunities
