Enhancing auditors' critical thinking in audits of complex estimates

Bucaro, Anthony C.

doi:10.1016/j.aos.2018.06.002

Cited by 41 publications

(38 citation statements)

References 50 publications

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“…It is argued that accounting and auditing are seeing a growing demand for more critical and thoughtful analysis, especially in a technology-driven world (Bucaro, 2019;Cloete, 2018;Terblanche and de Clercq, 2019). Some studies indicate that auditors tend to make mechanistic decisions in situations that require their complexity to be assessed, and professional judgment to be applied thereunto more effectively (Gao and Zhang, 2019).…”

Section: Critical Thinking and Professional Judgmentmentioning

confidence: 99%

“…As such, students are regarded as playing the leading role in their training, thanks to which they will develop good judgment and professional judgment. In this regard, several studies have pointed out the importance of critical thinking in developing professional judgment, assessment, and problem-solving skills (Bucaro, 2019;Cloete, 2018;Terblanche and de Clercq, 2019). Therefore, the question arises: what is the approach to professional 1 The IFRS Foundation "is a non-profit, public interest organization established to develop a single set of high quality, comprehensible, enforceable and globally accepted accounting standards -the IFRS Standards -and to promote and facilitate the adoption of those standards" (IFRS Foundation, 2017).…”

Section: Introductionmentioning

confidence: 99%

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Training for professional judgment in accounting education

Ospina-Delgado

Villano

2020

cuad.adm.

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The global convergence process towards International Financial Reporting Standards supported by multilateral agencies such as the World Bank poses a challenge to accounting education’s ability to make judgments and estimates, due to the emphasis placed on general new principles-based regulation instead of detailed rules. The international literature has highlighted this aspect amply, while in Colombia, it remains incipient. This paper aims to analyze the approach to professional judgment and critical thinking in the educational proposals of high-quality Public Accounting programs in Colombia as a factor contributing to the formation of such judgment in the accountant. This paper provides empirical evidence based on a qualitative-documentary methodology, which analyzes the Educational Projects provided by accredited universities. Among the most relevant findings is the lack of an explicit statement about pedagogical strategies to materialize a professional judgment that some of the universities analyzed mentioned succinctly.

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Section: Critical Thinking and Professional Judgmentmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Training for professional judgment in accounting education

Ospina-Delgado

Villano

2020

cuad.adm.

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“…Critical thinking helps students solve problems, make decisions in life situations, and develop a stable identity and habit in the person. For a more dynamic society, the more critical thinkers are needed (Bucaro, 2019). Society always needs thinkers who make good judgments on the issues of their community and know when and how to apply thinking skills in their community, and having critical thinking in society helps individuals to be informed and cognizant citizens, and Experience genuine freedom, so critical thinking as an individual's ability to interpret, analyze, evaluate, and identify social phenomena is a powerful resource in civil and political life (Yu et al, 2015).…”

Section: Introductionmentioning

confidence: 99%

The Effectiveness of Creative Thinking Training on the Critical Thinking and Media Literacy in Students

Khorchani

Rezaei

Saadatmand

et al. 2019

IEEPJ

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2009). One of the most successful effors to innovate a program in the field of thinking education is "Philosophy for Children (P4C)" that aims to focus more on thinking instead memory in education (Daniel & Auriac, 2011). This program, first created in the United States, and then extended around the world. In the case of Iran, this issue has attracted the attention of many, and in turn, the Kandahar and the Taliban have not killed themselves or the Taliban.. Undoubtedly, the importance of thinking and reasoning in human life is to the extent that they are referred to as the main distinction between human beings and other beings. In fact, what distinguishes man from other animals is his remarkable ability to think and reason. Thinking is a process in which we put our information together in an appropriate way so that we can reach a new result. In other words, one's thinking drives the person in-depth to get a good and meaningful result (Aizikovitsh-Udi & Amit, 2011; Hunsaker, 2005). All theories of education and learning support thinking and research and confirm its key role in learning. In fact, in the field of learning one cannot find a theory in which thinking and research are neglected. The sense of curiosity and truth-seeking is an innate affair that exists within the individual student body and should be gradually activated by providing the right conditions. Obviously, this innate talent must first emerge and flourish in the family and school environment, and then flourish in the environments of other social institutions. But in today's world, the role of the education system is more significant than other institutions due to

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“…Audit practitioners, standards and rules in audits, constantly emphasize the importance of professional judgment, resulting from increasingly complex processes and financial estimates [1]. The many criticisms of auditor performance, in relation to the actual added value given to clients and businesses (Beller, 1999; Stamatis, 2000; cited by [2], cause auditors to be responsible for always maintaining skepticism and professional judgment through planning and audit performance [3].…”

Section: Introductionmentioning

confidence: 99%

“…The complexity of processes and accounting estimates continues to increase, how auditors apply judgment in increasingly complex tasks, has become an increasingly critical topic. The impact of the modern audit environment, which is increasingly complex, and cognitive limitations, the auditor must think differently, in a way that truly incorporates judgment and complexity into the decision-making process [1].…”

Section: Introductionmentioning

confidence: 99%

The Role of Self-Efficacy Mediating the Effect of Goal Orientation and Task Complexity on Judgment Audit Performance

Yasa¹,

Sukayasa²,

Pratiwi³

2019

Proceedings of the International Conference on Applied Science and Technology 2019 - Social Sciences Track (iCASTSS 2019)

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This study aims to analyze the effect of goal orientation variables consisting of learning goal orientation (LGO), performance approach goal orientation (PAPGO), and performance avoidance goal orientation (PAVGO), and task complexity variable (TC), on performance judgment audit (JAP), and the role of self-efficacy (SE) mediates the influence of these variables, on the assessment of audit performance. The number of samples is 59 auditors who work in public accounting firms in the Province of Bali. Data were collected using a questionnaire, and analyzed using a SEM-based variant with partial least square (PLS). The results of the study found that learning goal orientation, performance approach goal orientation, performance avoidance goal orientation, and task complexity, have no significant effect on judgment audit performance. The variable self-efficacy is not able to mediate, the influence between learning goal orientation, performance approach goal orientation, and task complexity to the judgment audit performance, but is able to mediate the effect of performance avoidance goal orientation on the judgment audit performance.

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Enhancing auditors' critical thinking in audits of complex estimates

Cited by 41 publications

References 50 publications

Training for professional judgment in accounting education

Training for professional judgment in accounting education

The Effectiveness of Creative Thinking Training on the Critical Thinking and Media Literacy in Students

The Role of Self-Efficacy Mediating the Effect of Goal Orientation and Task Complexity on Judgment Audit Performance

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