Professional judgment of independent auditors with an emphasis on wisdom: a systematic literature review

Document Type : Review

Authors
marjaneh movahedpour 1
Ghasem Blue 2
Mohammadtaghi Taghavifard 3
Javad Shekarkhah 4
1 Ph.D. Candidate, Faculty of Management and Accounting, Allameh Tabataba’i University, Tehran, Iran.
2 Associate Prof., Department of Accounting, Faculty of Management and Accounting, Allameh Tabatabai University, Tehran, Iran.
3 Professor, Department of Operations Management and Information Technology, Faculty of Management and Accounting, Allameh Tabataba’i University, Tehran, Iran
4 Associate professor , department of Accounting , Faculty of Management and Accounting, Allameh Tabataba’i University, Tehran, Iran
10.22034/jmaak.2025.77836.4347
Abstract
Financial crises in the last few decades have shown the failure of auditors to use sound professional judgment. Despite the existence of many research works in identifying the factors affecting the professional judgment of auditors, the complex world of auditing still needs a new way to understand the unknown but effective factors in attaining the sound professional judgment. The aim of the current research is to identify the different dimensions of wisdom and to introduce these dimensions to the auditing professionals. This was achieved using a comprehensive systematic literature review. This study aimed to: 1) introduce the dimensions of wisdom, 2) introduce the different methods of measuring wisdom, and finally introduce the dimensions of wisdom that are affective on the professional judgment of independent auditors. Considering these dimensions causes the enhancement of the auditors' viewpoints in their professional judgments.
Keywords
professional judgment
personal factors
wisdom
measurement of wisdom
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