Publication Type
Journal Article
Version
acceptedVersion
Publication Date
3-2009
Abstract
This paper investigates the effects of technical knowledge and decision aid use on financial statement fraud risk assessments made by directors and students. More extreme fraud risk assessments are made when participants identify and process larger (smaller) numbers of diagnostic (non-diagnostic) factors, with technical knowledge driving diagnostic factor identification. Significant decision aid-technical knowledge effects are also found; decision aid use has a detrimental effect on high-knowledge directors while improving performance in inexperienced, low-knowledge students. These results suggest that although decision aids can afford gains in performance in inexperienced users, they can have unintended and/or paradoxical behavioural effects on experienced users.
Keywords
Fraud risk assessments, directors, technical, knowledge, decision aids
Discipline
Accounting | Corporate Finance
Research Areas
Corporate Reporting and Disclosure
Publication
Accounting and Finance
Volume
49
Issue
1
First Page
183
Last Page
205
ISSN
0810-5391
Identifier
10.1111/j.1467-629X.2008.00268.x
Publisher
Wiley
Citation
SEOW, Jean Lin.
Cue Usage in Financial Statement Fraud Risk Assessments: Effects of Technical Knowledge and Decision Aid Use. (2009). Accounting and Finance. 49, (1), 183-205.
Available at: https://ink.library.smu.edu.sg/soa_research/589
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1111/j.1467-629X.2008.00268.x