Professional Skepticism Panel Discussion

New York, NY English

During its June 2015 meeting, the IAASB hosted a panel discussion on the topic of professional skepticism. 

IAASB member Annette Köhler, who chairs the Professional Skepticism Working Group, introduced the topic. The panel was comprised of:

  • Jeremy Justin,  Canadian Public Accountability Board’s Representative on the Forum of Independent Audit Regulators Standards Coordination Working Group;
  • Helen Munter, Division of Registration and Inspections, US Public Company Accounting Oversight Board;
  • Doug Prawitt, Glen Ardis Professor of Accountancy, Brigham Young University; and 
  • Cindy Fornelli, Executive Director, Center for Audit Quality.

Prof. Köhler and each panelist gave a brief presentation and offered opening remarks, which were followed by a discussion period.  

The purpose of the discussion was to: 

  • Provide IAASB members with a  further understanding of the issues related to auditors’ application of professional skepticism in the context of a financial statement audit and raise questions with experts in this area; and
  • Consider how best to address concerns that have been raised about auditors' application of professional skepticism in audits of financial statements and planned next steps. 
Meeting Highlights Listen & Subscribe in iTunes
IAASB Professional Skepticism Panel Discussion
Subscribe to