Which of the following situations shows Kelcie,a forensic accountant,exercising professional skepticism?
A) Kelcie argues that the immediate previous year's records serve as a better basis for the investigation than the earlier years.
B) Kelcie believes that the reputation of the external auditor is an indicator of the reliability of the audit report.
C) Kelcie believes in the phrase "guilty, until proved otherwise" and does not presume innocence until she has reasonable doubt.
D) Kelcie verifies the reports given by the internal auditor against available evidence before using it in her reports.

Question

Quizplus · Accepted Answer

Professional skepticism refers to the attitude of questioning and critical assessment of evidence and information. Kelcie's verification of the reports given by the internal auditor against available evidence shows that she is exercising professional skepticism by verifying the information and ensuring its accuracy. Option A is not related to professional skepticism. Option B shows reliance on external factors rather than questioning the evidence. Option C shows a preconceived notion that goes against the principle of innocent until proven guilty.

Which of the Following Situations Shows Kelcie,a Forensic Accountant,exercising Professional