In this lesson, viewers will learn about the key concepts of professional skepticism and professional judgment, both crucial elements throughout the CPA exam. Additionally, the lesson delves into the professional requirements of an auditor, outlining what is needed to fulfill their role and covering relevant charts and graphics. Finally, the importance of professional standards, including authoritative literature for the audit exam, will be explained, along with tips on navigating and interpreting essential wording, such as "should," "may," and "must." With this foundational knowledge, viewers will be prepared to tackle practice questions and simulations in subsequent lessons.
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