The effects of audit risk and information importance on auditor memory during working paper review

Article Abstract:

An extension of the Moeckel and Plumlee (1989) study investigated the impact of two features of the audit environment, specifically audit risk and information importance, influence the memory of auditors during working paper review. The experiment required 28 respondent auditors to evaluate two working-paper areas of variable risks and determine a day later if certain information items were present in the working papers they reviewed the day before and indicate how inclined they were to rely on their memory for each item. Findings revealed a positive relationship between the accuracy of their memories and risk of the area as well as the level of importance of information. Moreover, their readiness to depend on memory was negatively associated with the level of information importance although it was not linked to the level of audit risk. Their tendency to refer to the working papers was negatively related to the accuracy of their memories.

Risk assessment, Memory, Information theory

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An experimental study of the effects of audit structure in uncertain task environments

Article Abstract:

Empirical evidence on the effects of audit structure on audit judgments is presented. Differences between structured and unstructured audit methods are examined under different degrees of task uncertainty. A field study of 113 audit seniors from four firms was conducted. The auditors of structured firms did not exhibit uniformly greater consensus. But auditors from structured firms did show a greater propensity to increase control mechanisms as the level of task uncertainty increased.

Disclosure statements (Accounting)

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Audit structure and its relation to role conflict and role ambiguity: an empirical investigation

Article Abstract:

The role conflict and ambiguity perceived by audit seniors in firms using structured audit methodologies versus unstructured firms are examined using role theory. The experimental sample consisted of 54 unstructured firm seniors and 67 structured firm seniors. Results indicate that seniors' perceptions of role stress differed greatly between structured and unstructured firms with the seniors in unstructured firms perceiving more stress.

Organizational behavior, Role conflict

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