T I C I S M

CORPORATE CODE O TOPIC 3:

A L S K EP
F ETHICS CORPORATE CODES OF

E S S I O N
ETHICS AND PROFESSIONAL
PR O F

SKEPTICISM
DEFINITION 5 STAGES TO APPLY

BENEFITS TO

TO BE EFFECTIVE,
PROFESSIONAL SKEPTICISM
CODES OF CONDUCT

THE EMPLOYEE
NEED TO BLEND

TO ASSIST EMPLOYEE IN MAKING

FUNDAMENTAL
THE RIGHT DECISION THROUGH
(1) ASSESSING ENGAGEMENT ACCEPTANCE
PRINCIPLES WITH A
THE PREDETERMINED GUIDELINES
LIMITED NUMBER OF

(2) PERFORMING RISK ASSESSMENT PROCEDURES

SPECIFIC RULES.
DEFINITION
AN ATTITUDE THAT INCLUDES A
(3) OBTAINING AUDIT EVIDENCE
QUESTIONING MIND, BEING ALERT

BENEFITS TO THE
TO CONDITIONS WHICH MAY
(4) EVALUATING AUDIT EVIDENCE

ORGANIZATION INDICATE POSSIBLE

MISSTATEMENT DUE TO ERROR OR

(5) FORMING THE AUDITOR’S OPINION
TO PREVENT LAWSUITS AND LEGAL
FRAUD, AND A CRITICAL

CHALLENGES ASSESSMENT OF EVIDENCE.

CREATING A POSITIVE PUBLIC IMAGE