Sentence examples for audit judgment from inspiring English sources
Among our key conclusions is that "formalizability" of audit procedures and audit judgment is grossly underestimated.
Changes to the audit environment have led to suggested changes to the regulatory framework for evaluating auditors' judgments including the introduction of an Audit Judgment Rule (AJR), whereby courts and inspectors will not second-guess auditors' reasoned judgments provided they are made in good faith and in a rigorous manner.
These discussant comments address the Kang, Trotman, and Trotman study on whether introducing an audit judgment rule – which is analogous to the business judgment rule applied to corporate officers and directors – and deploying innovative audit procedures affect audit committee members' questioning on accounting estimates.
An independent audit faulted his judgment and leadership.
Every audit involves many fine judgment calls.
This experiment evaluates auditor participants' improved application of professional judgment in the audit of complex estimates when taught a specific critical thinking methodology from system dynamics.
In a written statement issued after the publication of the audit, Bishop Boyce acknowledged "very poor judgments and mistakes" and apologized for them.
Professional judgments in an audit setting in which there is an explicit client preference for a material, income-increasing reporting classification and the relevant GAAP standard is principle-based are compared to a similar judgment in a tax setting.
The pre-publication history for this paper can be accessed here: *Estimates from local audit data **Based on informed judgment-see methods HES Hospital Episodes Statistics ONS Officeice for National Statistics; Ref.: Reference RRR: Relative Risk Reduction.
A cloud user may use the audit results as evidence for trust judgment.
The remaining "big four" accounting firms have divested, or are in the process of divesting, their consulting arms the fact that Andersen earned $27m from non-audit work, compared to $25m for its auditing, was thought to have influenced its judgment.
