Audit Judgment in Risk-based Auditing

Research Project

Project/Area Number	20730313
Research Category	Grant-in-Aid for Young Scientists (B)
Allocation Type	Single-year Grants
Research Field	Accounting
Research Institution	Nagoya University
Principal Investigator	OZAWA Michihiro Nagoya University, 経済学部, 准教授 (50362819)
Project Period (FY)	2008 – 2009
Project Status	Completed (Fiscal Year 2009)
Budget Amount *help	¥2,340,000 (Direct Cost: ¥1,800,000、Indirect Cost: ¥540,000) Fiscal Year 2009: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000) Fiscal Year 2008: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Keywords	監査判断 / 監査診断
Research Abstract	Through the experiments and interviews I collected the data about audit judgments from 9 practicing auditors. This experiment which investigates the effect of business risk and its perception to the auditors' judgment used protocol analysis. I analyzed the protocol data and found that the difference of risk assessment strategy may affect to auditors' risk assessment results. The risk assessment strategy means the systematic approach of audit judgment to acquire and process information about the client's risk, that is, an approach to or an attitude towards information or evidence obtained by auditors.