Validating Auditors Assumptions: A Measure of the Quality of Performance
(2) Objectives

 This study extended prior research by investigating auditor effectiveness in the analytical procedures phase of an audit. Many studies show that experience is not significant in auditor performance. In this study experience was conceptualized as having two components: (a) formal training, and (b) on-the- job training. The sample consisted of 96 auditors with approximately two to nineteen years of accounting experience. Results of the multiple regression showed that differences in the level of formal training and the perceived source of accounting error were effectively related to the quality of performance. The study did not find on-the-job training to be effectively related to auditors’ performance. 

    (3) Data/ Methods;

 The sample consisted of 96 auditors with approximately two to nineteen years of accounting experience.  Three research hypotheses tested the quality of performance based on accounting experience and the perceived source of accounting error.

 (4) Results/Expected Results

 Results of the multiple regression for three independent variables showed that differences in the level of formal training and the perceived source of accounting error were effectively related to the quality of performance. The study did not find on-the-job training to be effectively related to auditors’ performance.