What question did this study set out to answer?

The aim is to explore how internal control evaluations influence audit planning decisions based on the audit risk model.

Process Susceptibility, Control Risk, and Audit Planning.

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The aim is to explore how internal control evaluations influence audit planning decisions based on the audit risk model.
Developed hypotheses related to audit risk and internal control effectiveness.
Conducted evaluations with experienced auditors through realistic case studies.
Modified the policy-capturing method to enhance experimental design accuracy.
Auditors' decisions aligned with predictions from the audit risk model.
Evidence was found regarding expert perceptions of compliance testing approaches.
Initial consensus among auditors was observed in a structured audit setting.

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A study demonstrates the impact of internal control evaluation on audit planning, highlighting implications for audit practices.

Libby et al. (1985) studied this question.

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