Answered You can hire a professional tutor to get the answer.
QUESTION
Appendix D: Effective in 2014, the Protocol for Audit Firm Communication of CPAB Inspection Findings with Audit Committees (Protocol) was introduced....
Explain why the CPAB recommended that the auditors needed to apply a heightened sense of professional skepticism to the audit or management estimates. Why do you think professional skepticism is so important in assessing management estimates?
