FRAU 2026 - Professional Judgement Framework (Training Remedial)

This session introduces a practical Professional Judgment Framework to strengthen audit quality and decision-making. It focuses on how auditors make, challenge, and clearly document key judgments in line with auditing standards and regulatory expectations.

You will explore how judgment is applied across the audit lifecycle, with particular focus on high-risk, high-judgement areas such as:

- Significant risks

- Accounting estimates and assumptions

- Potential management bias

Through real examples and common inspection findings, the session highlights what good looks like — and where audits often fall short.

The aim is simple: to help you apply judgment more consistently, challenge more effectively, and support clear, defensible audit conclusions.