Let me begin my testimony by noting that I’m not an expert in accounting or auditing. Instead, my expertise is in the psychology of human judgment.
The research on human judgment is relevant to debate over changes in policy because, ultimately, the proposed rule changes are designed to influence the judgmental processes of auditors.
In a series of experiments examining a self-serving bias that I believe https://rksloans.com/title-loans-al/ present a close analogy to the situation of auditing, my colleagues and I presented research subjects with diverse materials from a lawsuit resulting from a collision between an automobile and a motorcycle
The rule revisions being discussed today are intended to mitigate problems associated with a lack of independence and auditor judgments. Continue reading «As the Chair said, I’m a professor in economics and psychology at Carnegie Mellon University»