Joint Meeting of the Mid-Atlantic and Northeast Regions

The Effects of Accountability Pressure and Auditor Gender on Audit Risk Assessment Judgments

• In Event: Doctoral/Student Faculty Interchange II

Abstract

Audit risk assessments and judgments often constitute one of the most sensitive and most subjective components of financial audits. Inaccurate audit risk assessments can potentially skew the results of audit procedures and resulting audit opinions, thus reducing the overall quality and reliability of financial reporting. This in turn can potentially create negative market-related consequences (Khanna 2015) which may translate into increases in assurance, consulting and other stakeholder costs. This is an important concern in accounting practice as it impacts the public’s trust in financial audits and reporting and affects the integrity of financial information and markets.

Author

• Marie Solange Lopes, Stonehill College