The Effect of Experience, Fraudulent Signals and Information Presentation Order on Auditors' Beliefs.

Key Points

• The study aims to understand how experience and fraudulent signals influence auditors' belief systems and decision-making.
• Examined differences in decision making among low-rank auditors and managers-auditors.
• Analyzed auditors' responses to positive and negative evidence.
• Investigated effects of initial assessments on inventory write-downs.
• Low-rank auditors showed different decision-making patterns compared to manager-auditors when exposed to fraudulent signals.
• Initial assessments significantly affected auditors' beliefs regarding inventory write-downs.
• Responses varied based on the order of information presentation and experience levels.