Abstract This study examined the relationships between individual auditor characteristics, decision accuracy, and audit judgment confidence. One hundred fourteen (114) auditor subjects made a fairness of presentation decision for an audit case based on a real client case. The subjects had control over their own information search. The results indicate that experience, prior expectations, ambiguity tolerance and risk-taking propensity (as indicated by category width) wore related to confidence in audit decisions. Confidence and accuracy were not significantly related, which is consistent with confidence being viewed as a process variable, rather than an output variable.
Karen V. Pincus (Fri,) studied this question.