Judgment and Decision-Making
Research in Accounting and Auditing
The study of behavioral
decision making has recently expanded into the area of accounting and auditing. This
branch of research seeks to understand the cognitive processes that govern such necessary
functions as the pricing of products and services, evaluating corporate performance,
granting credit to prospective borrowers, and investing in financial securities. In
Judgment and Decision-Making Research in Accounting and Auditing, editors Robert and
Alison Ashton present and review more than twenty years of research in decision-making
science. The book analyzes the judgments that business managers, investors, auditors and
creditors make daily. It considers the assets and liabilities of applied decision making,
and makes suggestions for future research. Accounting and auditing academics, researchers,
practitioners, and students who seek a survey of the field and its applications will find
this a solid reference work.
Contents
Part I. Overview: 1.
Perspectives on judgment and decision making research in accounting and auditing Robert H.
Ashton and Alison Hubbard Ashton
Part II. Judgment and
Decision Making Research Involving Users of Accounting Information: 2. Decision research
in managerial accounting: return to behavioral economics foundations William S. Waller; 3.
Experimental incentive contracting research in management accounting S. Mark Young and
Barry Lewis; 4. Judgment and decision making research in financial accounting: a review
and analysis Laureen A Maines; 5. The individual vs. the aggregate Joyce Berg, John
Dickhaut and Kevin McCabe
Part III. Judgment and
Decision Making Research Involving Auditors of Accounting Information: 6. Judgment and
decision research in auditing Ira Solomon and Michael D. Shields; 7. The role of knowledge
and memory in audit judgment Robert Libby; 8. Research in and development of audit
decision aids William F. Messier Jr; Part IV. Conclusion: 9. Twenty years of judgment
research in accounting and auditing Michael Gibbins and Robert Swieringa.
294 pages