Competence as an independent auditor includes all of the following except:

Question

Quizplus · Accepted Answer

While an independent auditor has a responsibility to exercise due care and professionalism in performing an engagement, they cannot guarantee the accuracy of work performed as there is always a level of risk and uncertainty involved in auditing. Therefore, option C is incorrect. The other options, A, B, and D are all elements of the competence of an independent auditor. They should have the technical qualifications to perform the engagement, possess the ability to supervise and evaluate the quality of staff work, and be willing to do additional research or consult others where required.

Competence as an Independent Auditor Includes All of the Following