Title

An experimental study of auditor analytical review judgements

Document Type

Journal article

Source Publication

Journal of Business Finance and Accounting

Publication Date

9-2000

Volume

27

Issue

7-8

First Page

821

Last Page

857

Keywords

analytical review; auditor analytical review judgement; auditing standards; configural information processing; conversation

Abstract

This paper provides evidence as to how five factors highlighted in the current UK auditing standard are taken into account by auditors in analytical review (AR) judgements. While the relative importance of particular cues was generally found to be consistent with the standard, certain factors were taken into account only to a marginal extent. Little evidence of configural cue usage was identified. The study also provides evidence of a tendency towards conservatism in the way auditors approach AR. The results suggest both that the potential to substitute AR for other substantive procedures may be realised only imperfectly and that the issue of configural reasoning should be addressed in the auditing standard.

DOI

10.1111/1468-5957.00336

Print ISSN

0306686X

E-ISSN

14685957

Publisher Statement

Copyright © Blackwell Publishers Ltd. 2000

Access to external full text or publisher's version may require subscription.

Full-text Version

Publisher’s Version

Recommended Citation

Lin, K. Z., Fraser, I. A. M., & Hatherly, D. J. (2000). An experimental study of auditor analytical review judgements. Journal of Business Finance & Accounting, 27(7-8), 821-857. doi: 10.1111/1468-5957.00336