Analysis: Professional Skepticism: in the Age of Fair Value Measurements
Audit quality concerns raised by a spike in unsatisfactory results from firm/engagement inspections performed by the regulator and the possibility of audit firms being sued for corporate failures warrants a fresh look at professional skepticism. Here is Brian Monegi’s take on this.
To read the full article in ASA, click: Analysis: Professional Skepticism: in the Age of Fair Value Measurements.