The principles underlying an audit conducted in accordance with GAAS as developed by the ASB and the IAASB include all of the following except

Multiple Choice

The auditor should plan and conduct the audit to obtain assurance that the financial statements are free of any misstatement.

The auditor should obtain sufficient appropriate audit evidence about whether material misstatements exist in the financial statements.

The auditor should maintain professional skepticism and exercise professional judgment throughout the planning and performance of the audit.

The auditor should have appropriate competence and capability to perform the audit.