Download or read book The Reliability of Auditor Judgments written by Constance Anne Crawford Bergquist and published by . This book was released on 1978 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Descriptive Study of Auditor Judgments on Audit Planning Based on Internal Control Reliability written by Bindiganavale N. Srinidhi and published by . This book was released on 1984 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Internal Accounting Control Evaluation and Auditor Judgement written by Theodore J. Mock and published by Routledge. This book was released on 2013-10-11 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This anthology presents the results of a comprehensive empirical study of internal control evaluation and auditor judgment initiated by Peat, Marwick, Mitchell & Co. in 1977 and originally published as an American Institute of CPAs research monograph in 1981, which was awarded the American Accounting Association Wildman Award in 1982. This book contains an updated review of the professional literature related to internal control, multivariate analyses of the original statistics and analyses of the decision criteria used by the auditors.
Download or read book Expressed Confidence and Skepticism written by Sanaz Sheila Aghazadeh and published by . This book was released on 2012 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 Auditors Quantitative Materiality Judgments written by Preeti Choudhary and published by . This book was released on 2019 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: We analyze data made available through the PCAOB (Public Company Accounting Oversight Board) to provide descriptive evidence on the properties of auditors' actual quantitative materiality judgments and the implications of those judgments for financial reporting. Auditors' quantitative materiality judgments do not appear to result simply from applying conventional rules-of-thumb, (e.g., 5% of pre-tax income), but instead are associated with size-related financial statement outcomes (income, revenues and assets), where the relative importance of the size-related outcomes varies with client characteristics such as financial performance. Using the distribution of actual materiality amounts reported by auditors to the PCAOB as part of the audit-inspection process, we construct a materiality-judgment measure that locates a specific materiality amount within a normal range that is both comparable across varying client characteristics and supported by guidance in audit firm internal policy manuals. We find that looser materiality (an amount closer to the high end of a normal materiality range) is associated with fewer audit hours and lower audit fees, supporting the construct validity of this measure. We also find that looser materiality is associated with lower amounts of proposed audit adjustments and, in extreme cases, with a greater incidence of restatements, highlighting the importance of auditor materiality assessments for financial reporting reliability.
Download or read book The Effect of Data Reliability on the Influence of Unaudited Values in Audit Analytical Procedures written by Jim Heintz and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior research has found that unaudited values influence auditors' analytical procedures judgments, including estimates of account balances and investigation decisions. When unaudited values influence account investigations, audit effectiveness could be impaired. Prior studies have not examined whether the extent of influence of unaudited values is reduced when there are indications that client?supplied values may be unreliable, as suggested by psychological theory. Using a between?subjects design, this study examines whether factors affecting reliability of unaudited values (significant accounting system changes or prior material audit adjustments) affect the influence of unaudited values in analytical procedures, and whether the impact of possible reliability problems differs by prior data trend (increasing or decreasing). Participating auditors estimated the actual value of the gross profit percentage, and provided bounds beyond which they would investigate the unaudited value. Results show that unaudited values influenced auditor judgments, except when there was an indication that the data may be unreliable and the unaudited gross profit percentage was increasing from the prior year. When these two conditions combined, the auditors were more conservative in their use of the client?supplied information.
Download or read book Government Auditing Standards written by Government Accounting Office and published by www.Militarybookshop.CompanyUK. This book was released on 2012 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Newly revised in 2011. Contains the auditing standards promulgated by the Comptroller General of the United States. Known as the Yellow Book. Includes the professional standards and guidance, commonly referred to as generally accepted government auditing standards (GAGAS), which provide a framework for conducting high quality government audits and attestation engagements with competence, integrity, objectivity, and independence. These standards are for use by auditors of government entities and entities that receive government awards and audit organizations performing GAGAS audits and attestation engagements.
Download or read book Auditing written by W. Robert Knechel and published by Routledge. This book was released on 2016-10-04 with total page 953 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on auditing as a judgment process, this unique textbook helps readers strike the balance between understanding auditing theory and how an audit plays out in reality. The only textbook to provide complete coverage of both the International Auditing and Assurance Standards Board and the Public Company Accounting Oversight Board, Auditing reflects the contemporary evolution of the audit process. New additions to the book include expert updates on key topics, such as the audit of accounting estimates, group audit, and the Integrated Audit. Supplemented by extra on-line resources, students using this established text will be well-equipped to be effective auditors and to understand the role of auditing in the business world.
Download or read book Auditors Sensitivity to Factors Affecting the Reliability of Evidence Sources in Belief Revision written by D. Eric Hirst and published by . This book was released on 1992 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effect of Presentation Modality on Source Monitoring Accuracy written by Kelly Frances Gamble and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: ABSTRACT: Auditors are required to base their evidence reliability assessments on the perceived credibility of the source (AICPA, 2006b). Hence, accurately identifying the source of evidence (source monitoring) is necessary for the proper assessment of evidence reliability. Source monitoring accuracy can be affected by multiple factors including the modality (visual or auditory) through which the evidence is obtained and how semantically similar the evidence items are (Johnson, Hashtroudi, & Lindsay, 1993). This study examines the effect of presentation modality on source monitoring accuracy and the subsequent judgment of evidence reliability and the planned extent of audit procedures. Results indicate that auditors who receive evidence in mixed (visual and auditory) presentation modalities are more accurate in identifying the sources of evidence than are auditors who receive evidence in a single (written) modality. Further, auditors who are more accurate with their source monitoring commit fewer errors in their evidence reliability judgments than do auditors who were less accurate in their source monitoring. This modality effect may also have implications for the quality and completeness of evidence documented in the audit working papers, and thus, may ultimately influence the engagement partner's decision-making.
Download or read book The effect of source credibility on independent auditors judgments written by Renel Charitable and published by . This book was released on 1996 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Assessing the Reliability of Computer Processed Data written by Nancy Kingsbury and published by DIANE Publishing. This book was released on 2011-04 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: Computer-processed data (CPD) from outside sources are often central to audit reports. Because assessing CPD requires more technical tests, it may seem that such data are subject to a higher standard of testing than other evidence. This is not the case. For ex., we apply the same tests of sufficiency and appropriateness that we apply to other types of evidence, but in assessing CPD, we focus on one test in the evidence standard -- appropriateness -- which includes validity and reliability, which in turn includes the completeness and accuracy of the data. This guide provides a flexible, risk-based framework for data reliability assessments that can be geared to the circumstances of each audit. Illus. This is a print on demand edition of an important, hard-to-find report.
Download or read book The Audit Review Process and Sensitivity to Information Source Objectivity written by Jane L. Reimers and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Auditing standards require auditors to consider the reliability of the evidence they use in making judgments. Once aspect of that reliability is the objectivity of the information source. More objective sources (e.g., third parties) provide higher quality information than less objective ones (e.g., client personnel), so auditors should be sensitive to the source of the information they receive. In this study, we examine the effect of the role that auditors perform on their sensitivity to information source objectivity. Specifically, we test whether sensitivity varies depending on whether the auditor is the preparer of the workpaper or the reviewer of the workpaper in the task of evaluating the adequacy of an allowance for doubtful accounts. It is hypothesized that processing differences between the two roles will cause reviewers to be more sensitive than preparers to the objectivity fo the information source. In an experiment, auditors were assigned to either a preparer or reviewer role in an accounts receivable task. After calculating or reviewing the allowance for uncollectible accounts, the auditors were given new information (from either a client source or an independent credit agency) and asked to reconsider their original decision. Results indicate that reviewers were sensitive to the source of the information, while preparers were not. These findings suggest that reviewers may use different cognitive processes than preparers and that the review process serves an important function beyond that of simply a second opinion.
Download or read book The Effect of Nondiagnostic Evidence and Accountability on Auditor Judgment written by Sandra W. Shelton and published by . This book was released on 1994 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Auditors Judgments in the Analytical Task written by Christie Lynn Comunale and published by . This book was released on 1999 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Expertise and Decision Support written by F. Bolger and published by Springer Science & Business Media. This book was released on 2007-08-19 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together a range of contributors from Europe and North America. All contributions were especially commissioned with a view to e- cidating a major multidisciplinary topic that is of concern to both academics and practitioners. The focus of the book is on expert judgment and its interaction with decision support systems. In the first part, the nature of expertise is discussed and characteristics of expert judges are described. Issues concemed with the eval- tion of judgment in the psychological laboratory are assessed and contrasted with studies of expert judgment in ecologically valid contexts. In addition, issues concerned with eliciting and validating expert knowledge are discussed. Dem- strations of good judgmental performance are linked to situational factors such as feedback cycles, and measurement of coherence and reliability in expert ju- ment is introduced as a baseline determinant of good judgmental performance. Issues concerned with the representation of elicited expert knowledge in kno- edge-based systems are evaluated and methods are described that have been shown to produce improvements in judgmental performance. Behavioral and mathematical ways of combining judgments from multiple experts are compared and contrasted. Finally, the issues developed in the preceding contributions are focused on current controversies in decision support. Expert judgment is utilized as a major input into decision analysis, forecasting with statistical models, and expert s- tems.
