What question did this study set out to answer?

The research aims to explore how anchoring affects auditor judgments during analytical review and compliance testing.

Mitigating the Consequences of Anchoring in Auditor Judgments .

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Experiment reveals the impact of anchoring on auditor judgments, suggesting new mitigation strategies.

The research aims to explore how anchoring affects auditor judgments during analytical review and compliance testing.
Conducted an experiment with audit seniors in analytical review and compliance testing scenarios.
Examined the use of the anchoring and adjustment heuristic in both settings.
Developed a judgment procedure to reduce anchoring effects.
Findings indicate auditors were influenced by initial values during analytical reviews.
The proposed judgment procedure helped mitigate risks associated with anchoring.
Results contributed to the creation of auditing standards by the AICPA.

Kinney et al. (1982) studied this question.

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