In the third episode of the Skepticism Webinar Series, you will hear first-hand from the foremost practitioners of professional skepticism—auditors. When what you are hearing doesn’t match what you are seeing, it’s time to be skeptical. In this animated exchange, the panelists focus on the uniquely challenging role of those who gather evidence to get to the core of problems with estimates or transactions. In exercising skepticism, auditors and others need to overcome natural human judgment biases such as “confirmation,” “overconfidence,” “availability,” and “anchoring.”
No matter what your role in financial reporting, you can benefit from hearing what this highly experienced panel has to say about skepticism—the ultimate secret behind effective audits.