Please use this identifier to cite or link to this item:

Toward a Model of Wisdom Determinants in the Auditing Profession

File SizeFormat 
paper0573.pdf1.72 MBAdobe PDFView/Open

Item Summary

Title: Toward a Model of Wisdom Determinants in the Auditing Profession
Authors: Nguyen, Loan
Kohda, Youji
Keywords: auditing
wisdom management
Issue Date: 04 Jan 2017
Abstract: Auditing is a complex process posing great challenges because auditors often deal with complicated circumstances that they may have not experienced before or for which their knowledge may be irrelevant or inadequate. In auditing, although wisdom is crucial, it has yet to be defined explicitly. This study discusses the concept of wisdom and proposes a theoretical framework to describe three major virtues of wisdom in the auditing profession. The findings from a literature review together with an empirical analysis of a case study reveal that wise decision-making in auditing is an integration of three-E virtues: epistemic (general, technical, and subspecialty knowledge), enabling (exercise of professional judgment), and ethical (moral and professional skepticism). In order to perform a high-quality audit, the paper proposes the 3-E framework that explains how auditors should apply their knowledge, judgmental abilities, and ethical principles to make a wise audit decision.
Pages/Duration: 10 pages
ISBN: 978-0-9981331-0-2
DOI: 10.24251/HICSS.2017.560
Rights: Attribution-NonCommercial-NoDerivatives 4.0 International
Appears in Collections:Organizational Learning Minitrack

Please contact if you need this content in an ADA compliant alternative format.

Items in ScholarSpace are protected by copyright, with all rights reserved, unless otherwise indicated.