Certified Public Accountants Professional Judgment Of Risk

We all want to exercise auditing professional judgment in the process of planning and executing auditing and reporting the result. And judging process is one of the uncertainties in the decision-making process, so is the professional judgment risk; The current CPA professional judgment also remain in a relatively low level, in this paper, our predecessors on the basis of professional judgment that registered accountants to examine risks of CPA professional judgments.This paper mostly use normative method to study professional judgment, including basic theory of auditing professional judgment, professional judgment's new characteristic and significance which based on the modern risk-based audit, the new auditing mode's further request to professional judgment. This paper is made up of four parts:The first part mainly expounded the registered accountants' professional judgment and professional judgment the meaning of risk, the professional judgment of the elements risk, registered accountants' professional judgment risks and audit risk and the relationship between the risk of Registered Accountants professional judgment of significance.In the second part, the risk of Registered Accountants professional judgment on the basis of the meaning of first use of decision theory, the audit decision-making process, the decision-making and registered accountants audit professional judgment relations were discussed, analyzed the emerging professional judgment errors or mistakes reasons. Second from psychology, information economics and moral behavior angle of registered accountants have a mechanism for judging the risks, so that our professional judgment of registered accountants and the meaning of risk mechanism for the formation of a better understanding. The third part analysis the constituent elements of judgment, I believe that the risk of Registered Accountants professional judgment by the major environmental risk, processes risk, technology risk and the risk of moral hazard posed legal risks has started each of the constituent elements of the status and Registered Accountants Professional Judgment risks.The fourth step registered accountants in the professional judgment of the risk factors based on how to prevent or reduce the risk of Registered Accountants Professional Judgment measures. Mainly from the CPA's professional awareness, professional experience, the latter part, education, cultural development and the strengthening of firm scientific and effective use of assistive technologies, and other aspects of Registered Accountants highlighted improving the quality of its vocational, technical audit of the Development and Application of moral judgment and to reduce risk measures. Specific attention to the professional judgment of accounting personnel capacity-building, strengthening of registered accountants professional ethics education, strengthen accounting and legal system strengthening cultural construction firm and effective use of assistive technologies such as accountants registered professional judgment to prevent the risk of specific measures.In the course of the study, this paper also actively learn from the results of research on other subjects, in particular, the use of cognitive psychology, information economics, ethics and logic of scientific disciplines, such as the theory and methods on the registered accountants professional judgment risk factors, form reasons elements and how to prevent such a study.