An Exploratory Study of Auditors' Evidential Planning Judgments.

Key Points

• This study aims to explore how auditors make planning judgments and the impact of these judgments on audit efficiency.
• Examined efficiencies of audit based on evidential planning judgments.
• Analyzed engagement and account-specific inherent and control risks.
• Developed a proposed evidential planning model.
• Identified variations in auditors' judgments and decisions.
• Found that selection of audit procedures is influenced by perceived risks.