Current practices and challenges in auditing fair value measurements and complex estimates: Implications for auditing standards and the academy

SM Glover, MH Taylor, YJ Wu - Auditing: A Journal of …, 2017 - publications.aaahq.org
Auditing fair value measurements and other complex estimates (hereafter, FVMs) has
received significant attention from regulators, practitioners, and researchers. Using a survey …

Regulation and the interdependent roles of managers, auditors, and directors in earnings management and accounting choice

R Libby, KM Rennekamp, N Seybert - Accounting, Organizations and …, 2015 - Elsevier
In this paper, we examine the growing number of behavioral studies of how financial
reporting, auditing, and other corporate governance regulations affect earnings …

Theory testing and process evidence in accounting experiments

HS Asay, RD Guggenmos, K Kadous… - The Accounting …, 2022 - publications.aaahq.org
This paper discusses the role of process evidence in accounting research. We define
process evidence broadly as data providing insight into how and why cause-effect …

Grounding the professional skepticism construct in mindset and attitude theory: A way forward

CJ Nolder, K Kadous - Accounting, Organizations and Society, 2018 - Elsevier
The concept of professional skepticism is pervasive throughout auditing standards, and
inspectors around the globe often identify a lack of skepticism as a root cause of audit …

Man versus machine: Complex estimates and auditor reliance on artificial intelligence

BP Commerford, SA Dennis, JR Joe… - Journal of Accounting …, 2022 - Wiley Online Library
Audit firms are investing billions of dollars to develop artificial intelligence (AI) systems that
will help auditors execute challenging tasks (eg, evaluating complex estimates). Although …

Auditing challenging fair value measurements: Evidence from the field

NH Cannon, JC Bedard - The Accounting Review, 2017 - publications.aaahq.org
Concern about effective auditing of fair value measurements (FVMs) has risen in recent
decades. Building on prior interview-based and experimental research, we provide an …

Group judgment and decision making in auditing: Research in the time of COVID-19 and beyond

TD Bauer, KA Humphreys… - Auditing: A Journal of …, 2022 - publications.aaahq.org
The COVID-19 pandemic has fundamentally changed how auditors work and interact with
team members and others in the financial reporting process. In particular, there has been a …

Real effects of reporting key audit matters on auditors' judgment and choice of action

K Asbahr, K Ruhnke - International Journal of Auditing, 2019 - Wiley Online Library
This experimental study analyzes whether reporting an accounting estimate as a key audit
matter (KAM) can influence auditor judgment about the accounting estimate and the …

How insights from the “new” JDM research can improve auditor judgment: Fundamental research questions and methodological advice

EE Griffith, K Kadous, D Young - Auditing: A Journal of …, 2016 - publications.aaahq.org
We examine recent developments in judgment and decision-making (JDM) research to
provide insight into how two big ideas in this area can be leveraged as overlapping …

Judgment and decision making research on CSR reporting in the COVID‐19 pandemic environment

KA Humphreys, KT Trotman - Accounting & Finance, 2022 - Wiley Online Library
Judgment and decision making (JDM) research in accounting focuses on the judgments and
decisions of preparers, users and auditors/assurance providers of financial and non …