When performing an audit the CPA is required to:

Question

Quizplus · Accepted Answer

The CPA is required to exercise the level of care of a reasonably prudent CPA. This standard of care requires the CPA to perform their duties with the skill, care, and diligence expected of a competent and conscientious CPA, in accordance with the standards set by the profession. It does not guarantee that no mistakes or errors will be made, but instead, requires the CPA to exercise professional judgment in all aspects of the engagement.

When Performing an Audit the CPA Is Required To