Are Auditors' Analytical Procedures Judgments Affected by Receiving Management Explanations?

This paper reports the results of a computerised experiment focusing on the impact of management representations, and the timing of those representations, on auditors' performance in completing all stages of an analytical procedures (AP) task. While timing of the management explanation had an initial impact on the AP process, there was no difference in the number of correct auditor responses due to this factor. However, receiving the management explanation did affect the cause selected, with auditors receiving that explanation selecting it significantly more often than those who did not receive that explanation. The findings suggest several areas for potential improvement of the auditors' AP proces.     

Home-based entrepreneurship and multiple roles—an inter-role conflict

Home-based entrepreneurship has been identified as an alternative source of employment and income for residents of non-metropolitan communities. Although economic and social advantages of home-based work have been identified, negative factors associated with home-based entrepreneurship have also been reported Home-based entrepreneurs may experience inter-role conflict as a result of an overlapping of roles (i.e. work/family) within the environs of the home. Findings from interviews with home-based entrepreneurs are discussed in relation to the multiplicity of roles of the home-based entrepreneur. Further, implications are addressed concerning the conflicts arising from multiple role demand as a home-based entrepreneur.