Research On The Influence Of Audit Psychological Factors In The Auditing Of Huaze Cobalt And Nickel

The rapid growth of the CPA profession has increased the pressure on auditors,but the effectiveness of traditional audit procedures in detecting material misstatements and fraud is limited.In recent years,the auditing profession has become aware of the role of psychology in financial auditing and business management,while there is a growing demand for audit psychology techniques to be used to improve the quality of that audit.In this paper,we study the impact of audit psychological factors in specific practices,analyze the impact of audit psychological factors in the audit of Hazel Cobalt Nickel,and expect its broader application in the future.Previous research has largely stayed on the theoretical discussion of audit psychology,but the impact of audit psychology in audit practice has not been studied in depth.Although auditors are now aware of audit psychology and are learning about it,there is still a lack of guidance in its practical application.This paper applies literature analysis method,case study method,and comparative analysis method,based on behavioral science theory,information asymmetry theory,transaction cost theory and game theory,and studies the influence of psychological factors in audit practice from the perspective of audit psychological factors,and analyzes the audit case of Huaze Cobalt Nickel undertaken by Ruihua Certified Public Accountants to study the influence of psychological factors on auditors’ behavior and their It is found that the influence of psychological factors such as fluke,excessive trust and free-rider psychology in the process caused the bias in the auditor’s judgment and behavior,and failed to achieve the desired audit results.In turn,corresponding recommendations are made from both the CPA and the firm to enhance the attention to audit psychology as well as psychological factors in the future work.By studying the influence of audit psychological factors in the audit case of Huaze Cobalt Nickel undertaken by Ruihua,we hope to draw more scholars’ attention to and research on audit psychology and psychological factors in audit practice,and provide certain reference and consideration for future audit psychological applications.