Professional judgment is the process of using relevant training, knowledge, and experience to reach a

decision or draw a conclusion in evaluating evidence, estimating probabilities, or selecting between

options.

Anchoring

Confirmation bias

Availability

Rush to solve

Professional judgment is the process of using relevant training, knowledge, and experience to reach a

decision or draw a conclusion in evaluating evidence, estimating probabilities, or selecting between

options.

Availability

Overconfidence

Judgment triggers

In an auditing context, professional judgment

is

The tendency to consider information that is

easily retrievable from memory as being more

relevant or important for a judgment.

The tendency to seek and put more weight

on information that is consistent with initial