two common judgment traps are the “Rush to Solve” and Judgment Triggers:
Solving the Wrong Problem. Both of which will be described in the following
“Rush to Solve” is the eagerness of a person to solve a problem right away.
This hinders an individual to make a professional judgment since the person
making the judgment does not take in the judgment process properly. This can
lead to the auditor coming up with a suboptimal outcome or ending up with
solving the wrong problem.
Judgment Triggers: Solving the Wrong Problem is the tendency to solve the wrong
problem at hand. The auditor might have over- or under- analyzed an issue,
which can then potentially direct a person to a wrong problem or issue.
Therefore, this creates a poor judgment for the auditor because the real issue
was not being solved.
in multiple judgment frames can help the auditor to discover or find an array
of different perspectives. When considering different frames, the auditor can
bring in additional insights or methods to understand a particular case.
Another way it can enhance an auditor’s professional skepticism is that he or
she can bring in to light additional options or alternatives that might not
have been considered earlier.
instance, suppose a client’s revenue for the past three years has been
significantly low and the client attributes its cause to financial statement
fraud by the management. The auditor should understand the client’s reasoning
and then apply professional skepticism by considering other possibilities, such
as error in revenue recognition and/or simply poor management decisions. It is
important to apply different points of view and search for evidence that could
help the auditor either identify or rule out the possibility of error or