Auditing: A Journal of Practice & Theory articles from September 2002

Auditing: A Journal of Practice & Theory archives from September 2002

Debiasing the outcome effect: the role of instructions in an audit litigation setting.
September 1, 2002... INTRODUCTION The outcome effect occurs where knowledge of the occurrence of an event outcome negatively influences individuals' evaluations of the skill and/or competence of a judge who did not foresee at outcome prior to its occurrence,...

Big 5 auditors' professional and organizational identification: consistency or conflict?
September 1, 2002... The changes in the profession since the 1970s are significant, and have fundamentally changed the way accounting firms operate their businesses internationally, the way they perform audits, the structure and governance of the firms, as well as...

The effects of decision aid orientation on risk factor identification and audit test planning.
September 1, 2002... INTRODUCTION Identification and documentation of risk factors is a crucial step for auditing firms in managing the risk of loss from engagements (e.g., Public Oversight Board 2000). Once risk factors are identified and documented, auditors...

Strategic analysis of securities litigation against independent auditors.
September 1, 2002... INTRODUCTION In 1992 the world's six largest accounting firms asserted that the accounting profession faced a liability crisis characterized by "unwarranted litigation and coerced settlements" (Arthur Andersen et al. 1992, 1). Of...

The effects of task complexity on auditors' performance: the impact of accountability and knowledge.
September 1, 2002... INTRODUCTION In this paper, we investigate the effect of task complexity on auditors' performance and how this effect is moderated by knowledge (as a proxy for skills) and accountability to a superior with unknown preferences (as a proxy...

KRisk[SM]: a computerized decision aid for client acceptance and continuance risk assessments.(Software Review)
September 1, 2002... INTRODUCTION This paper reports on an innovative client acceptance and continuance decision aid known as KRisk that was recently developed by the risk management unit at KPMG LLP (hereafter KPMG). KPMG developed this decision aid in...