Principal of audit
Understand the Problem
The question is asking for the principles that govern auditing practices, focusing on standards, ethics, and methodologies used in the field of auditing.
Answer
Principles of auditing include integrity, objectivity, competence, confidentiality, and professional care.
The main principles of auditing are integrity, objectivity, competence, confidentiality, and professional care.
Answer for screen readers
The main principles of auditing are integrity, objectivity, competence, confidentiality, and professional care.
More Information
The principles of auditing are designed to ensure that audits are carried out ethically and effectively, maintaining the trust of stakeholders involved.
Tips
Confusing related terms such as competence and skills, which both relate to the auditor's ability to perform the audit effectively.
Sources
- Principles of Auditing - BYJU'S - byjus.com
- The 7 Key principles of internal audit - Qooling Blog - blog.qooling.com
- What Are The Basic Principles Of Auditing? - Enterslice - enterslice.com
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