Structure and professional judgement in audit planning

  • Marcus Olofsson
  • Bobby Puttonen

    Student thesis: Master, one year

    Abstract

    Auditor´s professional judgement is often discussed. The aim of this paper is to see how structure affects auditor’s professional judgement in audit planning. The empirical analysis is based on qualitative interviews with seven auditors with different experience. The study shows that there is not a trend toward less structure in audit firms, rather more. It is clear that auditor´s professional judgements are affected by the degree of structure and structure occurs in most of auditors’ work. The study shows that structure and professional judgements are not two separate things; instead they support each other. Even if auditors have access to structure when planning an audit they need to make professional judgements, especially when identify risks and decide materiality.

    Date of Award2011-Sep-02
    Original languageEnglish
    SupervisorPernilla Broberg (Supervisor) & Göran Nilsson (Examiner)

    Educational program

    • Degree of Bachelor of Science in Business and Economics

    University credits

    • 15 HE credits

    Swedish Standard Keywords

    • Business Administration (50202)

    Keywords

    • structure
    • professional judgement
    • auditors
    • isa

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