Consider each of the five examples provided in the chapter for why auditors might demonstrate mistakes in
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Consider each of the five examples provided in the chapter for why auditors might demonstrate mistakes in professional judgment:
- Auditors may not be able to define their decision problem clearly
- Auditors may not be able to consider all relevant evidence and alternatives
- Auditors may act in a biased manner
- Auditors may not select the "best" alternative
- Auditors fail to understand the dynamic nature of their clients
Describe ways that you plan to try to avoid each of the mistakes in professional judgment in your career-keeping in mind that avoiding them may prove to be very difficult.
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Related Book For
Auditing Assurance And Risk
ISBN: 9780324313185
3rd Edition
Authors: W. Robert Knechel, Steve Salterio, Brian Ballou
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