General qualifications and conduct standards indicate that performance of all aspects of auditing should be performed with due care.This means that the auditor must fulfill his/her duties
A)in accordance with the CAS.
B)carefully and in a timely manner.
C)to the satisfaction of the client.
D)diligently and carefully.

Question

Quizplus · Accepted Answer

Due care requires auditors to perform their duties diligently and carefully, maintaining a high level of professional skepticism and being attentive to potential errors or fraud. While auditing standards such as the CAS may provide guidance, due care goes beyond merely following rules or procedures. The satisfaction of the client is not the primary goal; rather, the auditor's ultimate responsibility is to provide high-quality, objective audit services that promote public confidence in financial reporting. Therefore, option D best reflects the concept of due care.

General Qualifications and Conduct Standards Indicate That Performance of All