The Effects of Time Pressure and Audit Program Structure on Audit Performance

Microfoundations of Organizational Paradox: The Problem Is How We Think about the Problem

“…Some studies find that when individuals experience resource deficiency they exert less effort and focus on retaining resources rather than performing their job (Levontin, Ein-Gar, & Lee, 2013). For example, research on auditing suggests that time pressure hinders performance and increases errors (Mcdaniel, 1990). In contrast, others note that time pressure can be activating and increase performance.…”

Audit Structure, Time Pressure and Judgment Accuracy: A Comparison between Strategic System Audit and Traditional Audit

“…There is a consensus in audit literature about a negative relation between time pressure and audit performance (McDaniel, 1990;Brown, 1999;Brown & King, 2010;Low & Tan, 2011). Evidence suggests that auditors" judgments are affected when dealing with risky or important decisions under the effect of time pressure, as they tend to choose less risky decisions than auditors with more available time (Ben Zur & Breznitz, 1981;Diaz 2005).…”

“…Auditors under unstructured audit rely on identifying the problem, gathering the clues, searching for alternatives and then issuing an audit judgment (Sullivan, 1984;Keen & Scott-Morton, 1978). Time pressure is expected to negatively influence the audit performance due to heavy reliance on the auditor"s judgment (Brown, 1999;McDaniel, 1990;McGrath, 1976). On the other hand, auditors under structured task rely more on the qualitative analysis of the problem (Sullivan 1984).…”

Audit tenure and audit Qualifications in a low litigation risk setting: An analysis of the Spanish market

“…The auditing of the company's inventories may represent serious difficulties, because they involve two audit assertions: valuation and completeness [McDaniel, 1990]. Consequently, as posed by Simunic (1980), audit fees tend to be higher for those firms with relatively large amounts of inventories.…”