Judgment and Decision-Making Research in Accounting and Auditing

This book presents over 20 years of research on how accounting information impacts decision-making in various financial contexts.

In Judgment and Decision-Making Research in Accounting and Auditing, editors Robert and Alison Ashton compile over two decades of research that delves into how managers, investors, and creditors utilize accounting information for their decision-making processes. This collection features nine chapters contributed by leading researchers in the field, each offering insights and directions for future exploration. The book aims to bridge the gap between behavioral decision-making and its implications in accounting and auditing, highlighting the cognitive processes that influence critical business functions such as pricing strategies, corporate performance evaluation, credit assessments, and investment decisions.

The study of behavioral decision-making has increasingly found its place within accounting and auditing, and Judgment and Decision-Making Research in Accounting and Auditing serves as a comprehensive resource in this emerging area. It meticulously examines the judgments made by business managers, investors, auditors, and creditors in their daily operations, shedding light on the intricacies of applied decision-making. Furthermore, the editors emphasize the importance of understanding the assets and liabilities associated with these decisions, while also proposing avenues for future research that can enhance the field.

This book is an essential reference for accounting and auditing academics, researchers, practitioners, and students alike. By providing a thorough survey of the field and its applications, Judgment and Decision-Making Research in Accounting and Auditing offers valuable insights that can inform both theoretical and practical approaches to decision-making in the financial landscape.