Research On The Origin And Rectification Strategy Of Audit Judgment Bias In Cognitive Psychology

The research on audit judgment has become one of the most dynamic fields in the research on audit all over the world since 20th century 70's. If independence is called an auditor's soul, professional skills can be called the foundation of auditing work. The core of professional skills lies in skills of audit judgment. Only by audit judgment, an auditor can express his professional opinion on financial reports in a independent, objective and fair status. Audit judgment exists all phases of the process of audit. In the process of audit preparation, audit execution and audit reporting, audit judgment plays a key role. In opinion paragraph of audit report, the word "we think" indicates that it is a kind of judgment, that is to say, the auditor is a professional judger at the same time.The research on audit judgment bias is a very important field of the research on audit judgment. During the process of audit judgment, audit judgment bias is inevitable due to the reasons of auditors' cognitive illusions or bounded rationality and so on. Thus audit judgment by mistake is easy to happen. Generally speaking, audit judgment by mistake is the root reason of the failure of audit. To improve the quality of audit judgment and to avoid the failure of audit, we must make a deep research on audit judgment bias in theory and in practice. The research on audit is divided into three sorts: audit markets, audit techniques and audit behaviors. In nature, the research on audit judgment bias belongs to an important content of the research on audit behaviors.This paper mainly uses the related knowledge of cognitive psychology, policy-making studies, behavioral science and economics to study the cause, the process of come into being, the form of behave and the impact of audit judgment bias. At last, the author put forward many measures to prevent and cure audit judgment bias from the angles of auditors individual, CPA firms and audit environment. To perfect and develop the theory of audit judgment, to improve the quality of audit judgment, to reduce audit risks and to avoid the failure of audit, these suggestions have important senses in theory and in practice.