Foundations in Auditing and Digital Evidence From: The CPA Journal | Date: January 1, 2005| Author: Nearon, Bruce H | Copyright New York State Society of Certified Public Accountants Jan 2005. Provided by ProQuest LLC.Copyright information

The foundations of auditing are competence, independence, and due professional care. All three affect the quality and the value of an audit. In today's environment, where audit evidence is increasingly digital in nature, the exercise of competence and due professional care have taken on a new and different character.

Competence relates to an auditor's technical ability to discover a material misstatement in the financial statements and is a function of education, training, and experien...

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