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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Auditing Assurance And Risk

ISBN: 9780324313185

3rd Edition

Authors: W. Robert Knechel, Steve Salterio, Brian Ballou

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