Determinants of Audit Preparers' Workpaper Justifications

Shankar, Premila Gowri; Tan, Hun‐Tong

doi:10.2139/ssrn.710881

Cited by 8 publications

(4 citation statements)

References 45 publications

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“…These factors may yield main effect differences, but we leave this topic to future research. Finally, although we know from at least one auditing study (Shankar and Tan []) and several management studies that show tacit knowledge helps performance on socially complex tasks (e.g., Wagner and Sternberg [, ], Matthew and Sternberg []), the full range of factors that moderate the degree to which tacit knowledge improves performance in audit settings is not fully understood. Future research should examine these factors and identify any boundary conditions that may exist.…”

Section: Resultsmentioning

confidence: 99%

“…These tasks—including analytical procedures, subsequent event testing, and open‐ended client inquiries—require thoughtful social interactions among audit team members and client personnel to ensure well‐justified audit conclusions that satisfy multiple stakeholders. Inexperienced auditors with higher tacit knowledge are better at justifying conclusions reached on complex, ill‐structured tasks (Shankar and Tan [])…”

Section: Background On Tacit Knowledge and Hypothesis Developmentmentioning

confidence: 99%

“…While concerns such as these exist about how proficiently inexperienced auditors perform socially interactive audit tasks, at least one audit study (Shankar and Tan []) and several management studies show that tacit knowledge enhances performance on such tasks (e.g., Wagner and Sternberg [, ], Matthew and Sternberg []). We thus predict that audit firms now do value inexperienced auditors who are better equipped to perform such tasks, that is, those who possess greater tacit knowledge (Nelson and Tan []).…”

Section: Introductionmentioning

confidence: 99%

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The Role of Tacit Knowledge in Auditor Expertise and Human Capital Development

Bol

Estep

Moers

et al. 2018

J of Accounting Research

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Two critical aspects of the model of auditor expertise development in Tan and Libby [1997] are that audit firms do not value tacit knowledge in inexperienced auditors but do value it in experienced auditors. We update the former and extend the latter. Our paper predicts and finds that audit firms now do value tacit knowledge in inexperienced auditors, especially when their supervisors have higher tacit knowledge. Our proxies of value include higher promotability assessments, annual evaluations, and cash bonuses. Our paper also extends Tan and Libby [1997] by positing that enhanced development of expertise and audit firm human capital are two reasons audit firms value tacit knowledge in experienced auditors. As predicted, higher tacit knowledge in experienced auditors is positively associated with higher tacit knowledge acquisition by their inexperienced subordinates and with stronger firm commitment of inexperienced subordinates having higher tacit knowledge.

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Section: Resultsmentioning

confidence: 99%

Section: Background On Tacit Knowledge and Hypothesis Developmentmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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The Role of Tacit Knowledge in Auditor Expertise and Human Capital Development

Bol

Estep

Moers

et al. 2018

J of Accounting Research

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“…Among various types of composite materials AMMCs are used in the aerospace, automobile and defence industries, nuclear power plants, the electronics, bio-medical and sporting industries and nozzles for fluid flow. Gowri Shankar M C et al [5] stated that AMMCs are preferred because of their properties, such as high strength-to-weight ratio, high toughness, high specific strength, good wear resistance, and low thermal expansion coefficient. AMMCs can be fabricated by using the stir casting process.…”

Section: Introductionmentioning

confidence: 99%

Parameter Optimization of the CNC Wire-Cut EDM Process for Machining Aluminium 6063-B4C Metal Matrix Composites

Gurusamy¹,

Jawahar²,

Palaniappan³

2020

TFAMENA

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In the competitive manufacturing environment, conventional monolithic materials cannot compete with composite materials in the ever growing market because of their inherent limitations. Consequently, composite materials are preferred globally in major industries. CNC wire-cut electrical discharge machining is one of the non-traditional machining (NTM) processes, which are used to cut ferrous and non-ferrous metals with properties ranging from low hardness to high hardness and especially to cut high hardness materials and complicated profiles and shapes of all engineering and aerodynamic products. The process parameter setting is critical in the wire-cut electric discharge machining (WEDM) as it has a direct impact on performance characteristics. This paper addresses the preparation of aluminium metal matrix composites (AMMCs) and the optimization of the WEDM process parameters for machining AMMCs to improve the key performance characteristics, namely the metal removal rate (MRR), the surface roughness (SR), and the kerf width (KW). The optimization of the WEDM process parameters is multi-objective in nature. The prime objective of this study was to obtain optimal WEDM process parameters for machining AMMCs with the maximum MRR and the minimum SR and KW. The grey-based Taguchi method was applied to choose an optimal parameter combination to achieve the above said performance characteristics. AMMCs with the base metal Al6063 and the reinforcement of boron carbide (B 4 C) in three different percentages (3%, 6% and 9%) were obtained by using the stir casting method. WEDM experiments were conducted and the optimal process parameters were found to be as follows: servo voltage (SV)-26V, pulse on time (Ton)-122µs, pulse off time (Toff)-52 µs, B 4 C-6%, wire feed-3 m/min, and wire tension-49.05N. The key findings from this study reveal that the MRR was increased from 35.759 mm 3 /min to 42.229 mm 3 /min, the SR decreased from 4.500µm to 4.382µm and the KW decreased from 371 micron to 364 micron.

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