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SYNOPSIS:This study assesses the influence of client gender and auditor gender on auditors' judgments. In an experimental task, a client offers unverified explanations as to why the auditor's initial proposed adjusting journal entry ͑AJE͒ to lower the inventory value should not be recorded. The design includes one randomly manipulated variable ͑client gender: male or female͒ and one measured variable ͑auditor gender: male or female͒. The dependent variable assesses the influence of the client's explanations on the auditor's final proposed AJE recommendation. The results indicate that both male and female auditors exhibited a male favorability; that is, they were persuaded more by a male than female client to change their initial AJE recommendation. Furthermore, female auditors were more influenced by a male client and less influenced by a female client than male auditors. Using an expert panel's consensus opinion as a benchmark for the "best" solution, the male auditors were more accurate than female auditors, irrespective of client gender. Additional research will aid in substantiating, determining the limits, and generalizing the findings.

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This case promotes discussions about blockchain technology. It shows a transaction execution scenario and its tax implications. The case provides (1) an overview of the steps required to install a Digital Wallet; (2) an explanation of the need to add cryptocurrencies to the wallet in order to transact on the blockchain; (3) an overview of executing a transaction, in which an accounting consulting service is provided in the exchange of a cryptocurrency; (4) methods to review the existing transaction, from the service provider side, the service receiver side, and from the blockchain side, with a highlight of the role of both internal and external auditors; (5) clarifies the importance of dealing with cryptocurrencies, given that the IRS identifies cryptocurrencies as properties; and (6) a reflection on the link between a company ERP system and the transaction information on the blockchain.

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