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Applying professional skepticism is very important in planning and performing an audit.
Basic objective of an audit assignement is to form an opinion whether financial statements gives true and fair view at a specific date. For this Auditor should perform its procedures with a questioning mind. Auditor should be alert for any condition which indicates any misstatement due to fraud and error. He should critically asses audit evidences. Corborative evidences should also be considered.
importance of professional skepticism in planning and performing an audit
