By Denise Probert, CPA, MPA - Vice President of CPA Education

In your university auditing classes, you first learn the term "professional skepticism." Now, while you're studying for the CPA Exam, you find that term again. It must be important!

It is. In fact, the PCAOB issued a staff audit practice alert on Tuesday reminding auditors to be mindful at all times of their responsibility to apply professional skepticism. Read more at: http://journalofaccountancy.com/News/20126953.htm