How might the overconfidence tendency affect management's assessment of the likelihood and magnitude of potential misstatement from

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How might the overconfidence tendency affect management's assessment of the likelihood and magnitude of potential misstatement from an observed control deficiency? If the auditor believes that management's assessment is biased by overconfidence, how might the auditor help management recalibrate their assessment?
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Auditing Cases An Interactive Learning Approach

ISBN: 978-0133852103

6th edition

Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt

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