Download or read book A Study of Professional Skepticism written by Carmen Olsen and published by Springer. This book was released on 2017-01-31 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes how auditors exercise different levels of professional skepticism and how they are exposed to different types of affective information on clients’ behavior. Based on the author’s empirical study of 56 auditors, it shows that auditors’ skepticism and affective reactions towards a client interact to influence their appraisal of valuation problems. It also suggests that the effects of auditors’ affective reactions on their skeptical judgments depend on the level of risk in the audit engagement.
Download or read book Can Professional Skepticism be Taught to Undergraduate Auditing Students written by Dominic Mertz and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Professional skepticism is a combination of an auditor's innate abilities, personal characteristics, professional experiences, education, and training (Nelson, 2009; Hurtt, 2010; Liu, 2018). A key question is whether professional skepticism can be enhanced by classroom assignments. This study attempts to measure professional skepticism in audit students before and after a classroom assignment designed to enhance skepticism. The assignment is an intervention or simulated audit, which gives students the opportunity to exercise skepticism. Using Hurtt's (2010) survey instrument, I examine a questioning mind, the suspension of judgement, search for knowledge, interpersonal understanding, self-determination, and self-confidence. The findings show that students do not exercise a questioning mind, and instead, put too much trust in authority figures (e.g., clients). The students do suspend judgement, search for knowledge, seek interpersonal understanding, and have self-confidence during audits. The findings also show that rather than exercising self-determination, the students engage in groupthink. These results suggest that classroom assignments that simulate real-life audits may be able to improve certain aspects professional skepticism.
Download or read book Professional Skepticism of Students written by Seth E. Sikkema and published by . This book was released on 2014 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The value of an audit is in part based on the degree of professional skepticism exercised by an auditor. Indeed, the importance of professional skepticism has been stressed by regulators and practitioners since the earliest stages of the auditing profession. Recent scrutiny of the audit profession, however, indicates that auditors occasionally lack the ability to exercise an appropriate level of professional skepticism. The concern over the issue suggests a need for greater research and understanding of the determinants and dimensionality of professional skepticism. This research examined the individual trait component of professional skepticism and also introduced a new antecedent, personal values, into a revised model of professional skepticism. Understanding antecedents to skeptical behavior is important because the ability to measure individual differences in trait skepticism improves the precision of predictive models of skeptical behavior. The primary objective of this study was to determine whether differences in students exist among the level of trait skepticism, major choice, and personal values. As a result, the primary goal is not to study the factors causing trait professional skepticism, but rather whether the result of skeptical personality trait is associated with different combinations of specific characteristics among a set of students. The methodology used in the research employs independent t-tests, ANOVAs, and Chi-square tests to identify whether significant differences were present. The data used in the study comes from student participants at two universities located in Western Oregon. Each participant provided demographic data, completed a trait skepticism survey, and ranked personal values by importance. The results showed that the level of trait skepticism is associated with different categories of GPA, class standing, and age. Furthermore, high trait skeptics tended to choose different majors than low trait skeptics, more skeptical students opting for liberal arts majors. The results also showed that high and low trait skeptics placed different preferences among ten personal value sets. As a result, this study was able to show that skeptical personality trait is associated with different combinations of specific characteristics among a set of students.
Download or read book The Influence of Information Order Effects and Trait Professional Skepticism on Auditors Belief Revisions written by Kristina Yankova and published by Springer. This book was released on 2015-02-10 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kristina Yankova addresses the question of what role professional skepticism plays in the context of cognitive biases (the so-called information order effects) in auditor judgment. Professional skepticism is a fundamental concept in auditing. Despite its immense importance to audit practice and the voluminous literature on this issue, professional skepticism is a topic which still involves more questions than answers. The work provides important theoretical and empirical insights into the behavioral implications of professional skepticism in auditing.
Download or read book The Influence of Information Order Effects and Trait Professional Skepticism on Auditors Belief Revisions written by Kristina Yankova and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Kristina Yankova addresses the question of what role professional skepticism plays in the context of cognitive biases (the so-called information order effects) in auditor judgment. Professional skepticism is a fundamental concept in auditing. Despite its immense importance to audit practice and the voluminous literature on this issue, professional skepticism is a topic which still involves more questions than answers. The work provides important theoretical and empirical insights into the behavioral implications of professional skepticism in auditing. Contents Belief Revision and Information Order Effects Professional Skepticism Empirical Analysis Target Groups Researchers and students in the fields of accounting and auditing Practitioners in these areas The Author Dr. Kristina Yankova completed her doctoral studies under the guidance of Prof. Dr. Annette Köhler at the Chair of Accounting and Auditing at the Mercator School of Management, University of Duisburg-Essen.
Download or read book Professional Skepticism and Auditor Cognitive Performance in a Hypothesis Testing Task written by Marietta Peytcheva and published by . This book was released on 2013 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study examines the joint effects of two different types of state skepticism prompts, as well as the effect of the personality trait of professional skepticism, on auditor cognitive performance in a hypothesis-testing task. Seventy-eight audit students and 85 practicing auditors examine an audit case and determine the evidence needed to test the validity of a management's assertion in a Wason selection task (Wason 1966, 1968, 1969; Cosmides 1989). The 2x2 between-participants experiment manipulates the presence of a professional skepticism prompt and the presence of a cheater-detection prompt (Cosmides 1989; Cosmides and Tooby 2008a). The personality trait of professional skepticism is measured with Hurtt's (2010) scale. The presence of a professional skepticism prompt is found to improve cognitive performance in the sample of students, but not in the sample of auditors. The presence of a cheater-detection prompt has no significant effect on performance in the student or auditor sample. The personality trait of professional skepticism is a significant predictor of cognitive performance in the sample of students but not in the sample of auditors. These findings suggest that increasing the states of skepticism or suspicion toward the client firm's management may have no incremental effect on the normative hypothesis testing performance of experienced auditors, who are consistently exposed to the importance of being skeptical in the course of their work. However, actively encouraging skeptical mindsets in novice auditors is likely to improve their cognitive performance in hypothesis testing tasks.
Download or read book Escape from Scepticism written by Christopher Derrick and published by Ignatius Press. This book was released on 2010-09-07 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: The brilliant English writer Christopher Derrick presents a disturbing indictment of today's colleges and universities and the troubled condition of liberal education. The occasion for his writing this book was a visit to Thomas Aquinas College in California which deeply impressed Derrick with its true liberal and Catholic education. This small independent college convinced him of the need for reform in Catholic higher education today, and he uses the example of this college as the way this reform should be carried out. "This book is comparable to Newman's Idea of a University. Derrick has wit and a brilliant aphoristic style. This book could well serve as a manual for the reform of Catholic higher education today." -Paul Hallet, The National Catholic Register
Download or read book Student Skepticism as a Variable in Professional Education written by Glen Erard and published by . This book was released on 1972 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The New Skepticism written by Paul Kurtz and published by . This book was released on 1992 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kurtz argues that there are objective standards for judging truth claims in science, ethics, and philosophy. Of special interest is the application of the new skepticism to paranormal claims such as reincarnation and faith healing, and to religious beliefs, ethics and politics.
Download or read book The Routledge Companion to Auditing written by David Hay and published by Routledge. This book was released on 2014-09-15 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: Auditing has been a subject of some controversy, and there have been repeated attempts at reforming its practice globally. This comprehensive companion surveys the state of the discipline, including emerging and cutting-edge trends. It covers the most important and controversial issues, including auditing ethics, auditor independence, social and environmental accounting as well as the future of the field. This handbook is vital reading for legislators, regulators, professionals, commentators, students and researchers involved with auditing and accounting. The collection will also prove an ideal starting place for researchers from other fields looking to break into this vital subject.
Download or read book Government Auditing Standards 2018 Revision written by United States Government Accountability Office and published by Lulu.com. This book was released on 2019-03-24 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Audits provide essential accountability and transparency over government programs. Given the current challenges facing governments and their programs, the oversight provided through auditing is more critical than ever. Government auditing provides the objective analysis and information needed to make the decisions necessary to help create a better future. The professional standards presented in this 2018 revision of Government Auditing Standards (known as the Yellow Book) provide a framework for performing high-quality audit work with competence, integrity, objectivity, and independence to provide accountability and to help improve government operations and services. These standards, commonly referred to as generally accepted government auditing standards (GAGAS), provide the foundation for government auditors to lead by example in the areas of independence, transparency, accountability, and quality through the audit process. This revision contains major changes from, and supersedes, the 2011 revision.
Download or read book What Personality Traits Make Auditors Professionally Skeptical Opportunities for Future Research on Trait Professional Skepticism written by Carmen Olsen and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is unclear what personality traits determine the enduring trait of professional skepticism among auditors. Examining determinants of professional skepticism may be important to the profession in recruitment, evaluation and team-building activities and ultimately as an element in the documentation of professional skepticism in audit firms' methodologies. This paper examines what personality traits are associated with an auditors' trait professional skepticism. Eighty-three Norwegian master-level accounting students with an average of one year of audit experience responded to items in two instruments; one instrument assesses trait professional skepticism using the multidimensional Hurtt Professional Skepticism Scale. The other instrument, the Revised NEO Personality Inventory, measures all traits associated with the personality of participants. We gathered rich data comprising 42 measurements of our participants' personalities; seven scores measuring various dimensions of trait professional skepticism and 35 scores measuring general personality traits including that of trust. We expect the trait of trust to be associated with the trait of professional skepticism. Surprisingly, the results suggest that personality traits that make auditors professionally skeptical comprise far more complex and diverse personality traits (e.g., being both extroverted and reserved, both sympathetic and distrustful, and a tendency to experience emotional reactions) than initially thought (i.e., in addition to curiosity, conscientiousness, extraversion and trust). More surprisingly, the “questioning mind” dimension of trait professional skepticism was associated not with the opposite of trust, as initially conceptualized, but rather with frankness, no reluctance to express anger, and competence to deal with any situation. We extend professional skepticism theory by mapping the determinants of trait professional skepticism dimensions which audit firms can use for recruitment and team-building purposes. Finally, we suggest opportunities for future research on professional skepticism.
Download or read book Promoting Professional Skepticism in the Audit Environment written by Mary C. Parlee and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Encouraging Professional Skepticism in the Industry Specialization Era a Dual process Model and an Experimental Test written by Jonathan H. Grenier and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: I develop a framework that elucidates how the primary target of auditors0́9 professional skepticism 0́3 audit evidence or their own judgment and decision making 0́3 interacts with other factors to affect auditors0́9 professional judgments. As an initial test of the framework, I conduct an experiment that examines how the target of auditors0́9 skepticism and industry specialization jointly affect auditors0́9 judgments. When working inside their specialization, auditors make more automatic, intuitive judgments. Automaticity naturally manifests for industry specialists as a result of industry experience, social norms to appear knowledgeable and decisive, and their own expectations to proficiently interpret audit evidence. Priming industry specialists to be skeptical of audit evidence, therefore, has little influence on their judgments. In contrast, priming such auditors to be skeptical of their otherwise automated, intuitive judgment and decision making substantially alters their decision processing. They begin to question what they do and do not know, in an epistemological sense and, as a result, elevate their overall concern about material misstatements due to well-concealed fraud. This pattern of results is consistent with my framework0́9s predictions and suggests that specialization is more about improving the interpretation and assimilation of domain evidence rather than enhancing reflective, self-critical thinking. It also suggests it would be beneficial to identify other factors that promote industry specialists0́9 skepticism towards their judgment and decision making to make them more circumspect about the possibility of management fraud (cf., Bell, Peecher, and Solomon 2005).
Download or read book Advances in Accounting Education written by Thomas G. Calderon and published by Emerald Group Publishing. This book was released on 2018-12-14 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advances in Accounting Education is a refereed, academic research publication whose purpose is to help meet the needs of faculty members interested in ways to improve accounting classroom instruction at the college and university level.
Download or read book ICFF 2019 written by Darmawan Napitupulu and published by European Alliance for Innovation. This book was released on 2019-08-13 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Proceeding book presented the International Conference on Financial Forensics and Fraud, which is an international conference hosted by Universitas Hindu Indonesia in collaboration with Australasian Accounting, Business and Finance Journal. Total 30 full papers presented were carefully reviewed and selected from 50 submissions with the topics not limited to Fraud and Financial Forensics from various disciplines The 2019 Conference was held in Bali, Indonesia from 13 to 14 August 2019 which had been attended by academics and researchers from various universities worldwide including practitioners with the theme Financial Forensics and Fraud Detection in Revolution Industry 4.0.
Download or read book Advancing STEM Education and Innovation in a Time of Distance Learning written by González-Lezcano, Roberto Alonso and published by IGI Global. This book was released on 2022-10-21 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Due to the recent global pandemic, educators of science and technology have had to pivot and adapt their delivery to create alternative virtual means of delivery. The COVID-19 pandemic has influenced a rapid change in teaching and learning in higher education. It is reshaping curriculum demands, the 21st century digital competence challenges, and learning technologies. These changes in education are likely to endure well past the COVID-19 pandemic, making it crucial for educators to consider teaching and learning under the perspectives of digital education and innovation. Advancing STEM Education and Innovation in a Time of Distance Learning highlights the contemporary trends and challenges in science, technology, mathematics, and engineering education. The chapters present findings and discussions of relevant research studies and theoretical frameworks for the provision of science, technology, engineering, and technical subjects. It not only presents successful practice examples from before and during the COVID-19 pandemic, but also provides useful information to assist educators in understanding the demands and challenges of digital education. Covering topics such as ethnically diverse students, foreign language learning, and mobile gamification, this premier reference source is an essential resource for educators and administrators of both K-12 and higher education, pre-service teachers, teacher educators, librarians, government officials, researchers, and academicians.
