Academic journal article Journal of Accountancy

Auditor's Multidimensional Knowledge Structure and Computer Performance

Academic journal article Journal of Accountancy

Auditor's Multidimensional Knowledge Structure and Computer Performance

Article excerpt

An investigation of how EDP auditors' thought processes affect their work.

Research has explored the ways in which auditors perform internal control reviews and the skills necessary for expert performance. The auditor's "knowledge structure"--the way accounting and auditing knowledge is organized in the auditor's mind--is thought to affect performance through its role in recall. Is it easier, for example, to recall relevant control procedures by thinking about control objectives or by thinking about transaction flows? The current study evaluated whether a control-objective or transaction-flow knowledge structure led to higher performance in the review of internal controls by EDP auditors. EDP auditors, using control reviews and computerized auditing systems, are responsible for evaluating the integrity of data processed by computers. They support financial auditors, who have primary responsibility for the audit of financial statements.

In the current study, researchers found that EDP auditors' knowledge structure of transaction flows and control objectives was positively associated with their performance in evaluating internal control weaknesses and potential financial statement errors. Experienced EDP auditors tended to use transaction flow as the dominant knowledge structure; in contrast, prior studies had found financial auditors employed control objectives as their dominant knowledge structure. Thus, despite common training programs and audit decision tools, it appears EDP auditors' strategic outlook diverges from that of financial auditors. …

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