How the Sleeper Effect Influences Auditors' Evaluations of Audit Evidence

2020 ◽  
Author(s):  
Jennifer McCallen ◽  
Christopher P. Agoglia ◽  
George Bradley Bennett
Keyword(s):  
Sleeper Effect ◽  
Audit Evidence

Determination of the weight of audit evidence by the method of point ratings in the information security audit

2020 ◽  
Vol 7 (1) ◽  
pp. 57-62
Author(s):  
Vladislav A. Voevodin ◽  
◽  
Maria S. Markina ◽  
Pavel V. Markin ◽  
◽  
...  
Keyword(s):  
Information Security ◽  
Security Audit ◽  
Audit Evidence

The Effects of Judgments of New Clients' Integrity upon Risk Judgments, Audit Evidence, and Fees

2001 ◽  
Vol 20 (2) ◽  
pp. 85-99 ◽  
Author(s):  
Philip R. Beaulieu
Keyword(s):  
Source Credibility ◽  
Prospective Audit ◽  
Fraud Risk ◽  
Audit Evidence ◽  
Risk Judgments

Client integrity concerns auditors when they plan new audit engagements because it is related to both fraud risk and the source credibility of clients. Auditors may increase audit work and fees when they judge integrity to be below normal. In an experiment, a sample of 63 Canadian audit partners read information about a prospective audit client, including information about the client's CFO. This information was manipulated to support a judgment of either high or low integrity. As hypothesized, judgments of client integrity were negatively related to risk judgments, audit evidence extent recommendations (indirectly through risk judgments), and fee recommendations (indirectly through risk judgments and extent recommendations).

scholarly journals A Review of the PCAOB’s Enforcement Program: 2005–2017

2020 ◽  
Author(s):  
Carl W. Hollingsworth ◽  
James H. Irving
Keyword(s):  
Overwhelming Majority ◽  
Sample Period ◽  
Pronounced Increase ◽  
Professional Obligations ◽  
Audit Firms ◽  
Time Period ◽  
Audit Evidence ◽  
Auditing Standards

This study examines the PCAOB’s Division of Enforcement from 2005 to 2017, a time period when it expanded from a $5 million to a $22 million program area.  We find that a pronounced increase in disciplinary orders issued during the latter years of the sample period is attributable to serious audit deficiencies and misconduct by triennially inspected audit firms, non-U.S. audit firms, and firms auditing brokers and dealers.  We also find that more than two-thirds of the violations of PCAOB auditing standards described in these disciplinary orders pertain to failures in general audit principles and responsibilities, obtaining audit evidence, and review and communication.  Finally, we find that the PCAOB levies punitive sanctions on an overwhelming majority of audit personnel and audit firms cited in these disciplinary orders.  Overall, our results indicate that the PCAOB’s enforcement function has actively disciplined audit personnel and audit firms that breached their professional obligations.

scholarly journals Challenges when Auditing Cryptocurrencies

2019 ◽  
Vol 14 (1) ◽  
pp. A46-A58 ◽  
Author(s):  
Nishani Edirisinghe Vincent ◽  
Anne M. Wilkins
Keyword(s):  
Audit Planning ◽  
Audit Evidence ◽  
Evidence Gathering ◽  
Client Acceptance ◽  
Four Quadrant

SUMMARY The novelty, ambiguity, and the lack of official guidance surrounding cryptocurrency transactions impose additional audit risks that should be considered during client acceptance and retention and planning audit procedures. We develop a four-quadrant model to assist auditors in client acceptance and continuance decisions and identify cryptocurrency risks that should be considered during audit planning and audit evidence gathering.

The sleeper effect: Artifact or phenomenon—A brief comment on Bell et al. (2013).

2015 ◽  
Vol 83 (2) ◽  
pp. 438-442 ◽  
Author(s):  
Christoph Flückiger ◽  
A. C. Del Re ◽  
Bruce E. Wampold
Keyword(s):  
Sleeper Effect
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