Experimental Study on Factors That Influence Auditors' Risk Assessments

• Project/Area Number: 20730294
• Research Category: Grant-in-Aid for Young Scientists (B)
• Allocation Type: Single-year Grants
• Research Field: Accounting
• Research Institution: Hitotsubashi University
• Principal Investigator: FUKUKAWA Hironori Hitotsubashi University, 大学院・商学研究科, 准教授 (80315217)
• Project Period (FY): 2008 – 2010
• Project Status: Completed (Fiscal Year 2010)
• Budget Amount: ¥4,160,000 (Direct Cost: ¥3,200,000、Indirect Cost: ¥960,000); Fiscal Year 2010: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000); Fiscal Year 2009: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000); Fiscal Year 2008: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
• Keywords: 監査リスク / リスク評価 / フレーミング効果 / 信念関数 / 確率

Research Abstract

Important audit judgments including risk assessment may be impacted by the approach taken to assess risk and to interpret audit evidence. This experimental study examines whether auditors' risk assessments are influenced by the risk assessment approach (belief-based versus probability-based) and by assertion framing (positive versus negative form). Four measures of risk of material misstatement are compared. Both risk assessment approach and assertion framing effects on the auditors' risk assessments are observed.

Research Products

• [Journal Article] Audit Risk Assessments Using Belief versus Probability (2011)
  • Author(s): Hironori Fukukawa, Theodore J., Mock
  • Journal Title: Auditing : A Journal of Practice & Theory Vol.30, No.1 Pages: 75-99
  • Peer Reviewed
• [Journal Article] Auditors' Evidence Evaluation and Aggregation Using Beliefs and Probabilities (2011)
  • Author(s): Hironori Fukukawa, Theodore J., Mock
  • Journal Title: International Journal of Approximate Reasoning (forthcoming)
  • Peer Reviewed
• [Journal Article] Audit Risk Assessments Using Belief versus Probability (2011)
  • Author(s): Hironori Fukukawa, Theodore J.Mock
  • Journal Title: Auditing : A Journal of Practice & Theory Volume: Vol.30 No.1 Pages: 75-99
  • Peer Reviewed
• [Journal Article] Auditors' Evidence Evaluation and Aggregation Using Beliefs and Probabilities (2011)
  • Author(s): Hironori Fukukawa, Theodore J.Mock
  • Journal Title: International Journal of Approximate Reasoning Volume: (forthcoming 掲載決定)
  • Peer Reviewed
• [Journal Article] 監査人の外見的独立性 (2008)
  • Author(s): 福川裕徳
  • Journal Title: 會計 174巻1号 Pages: 83-92
• [Journal Article] 監査人の外見的独立性 (2008)
  • Author(s): 福川裕徳
  • Journal Title: 會計 174 Pages: 83-92
• [Presentation] Auditors' Evidence Evaluation and Aggregation Using Beliefs and Probabilities (2010)
  • Author(s): Hironori Fukukawa, Theodore J.Mock
  • Organizer: Workshop on the Theory of Belief Functions
  • Place of Presentation: Brest(France)
  • Year and Date: 2010-04-02
• [Presentation] Auditors' Evidence Evaluation and Aggregation Using Beliefs and Probabilities (2010)
  • Author(s): Hironori Fukukawa, Theodore J.Mock
  • Organizer: Workshop on the Theory of Belief Functions
  • Place of Presentation: ブレスト(フランス)
  • Year and Date: 2010-04-02
• [Presentation] Audit Pricing and Cost Strategies of Japanese Big 3 Firms (2009)
  • Author(s): Hironori Fukukawa
  • Organizer: 2009 American Accounting Association Annual Meeting
  • Place of Presentation: New York(USA)
  • Year and Date: 2009-08-05