Original scientific paper
https://doi.org/10.1080/1331677X.2018.1476169
Insights into some psychological triggers that affect judgements, decision-making and accounting choices
Victoria Bogdan
; Department of Finance and Accounting, Faculty of Economics, University of Oradea, Oradea, Romania
Ioana Teodora Meșter
; Department of Economy and Business, University of Oradea, Oradea, Romania
Diana Matica
; Department of Finance and Accounting, University of Oradea, Oradea, Romania
Abstract
The main objective of the study is to identify and qualitatively
investigate the links between the universe of accounting options,
managerial decisions, creative accounting and irrational behaviour.
We have recognised five different aspects affecting human decisions
and which are likely to influence the behaviour of a future professional
accountant or a manager. Masters students in accounting from three
significant Romanian universities were questioned about their
perception regarding creative accounting and were investigated
about their personality traits. The results of our experimental study
have shown that, according to the M.A. students in accounting, the
risk aversion of individuals influences the expressions of the creative
accounting phenomenon, but it is not correlated with the interest
pursued by the managers in choosing accounting policies. Also, in
their perception, the act of managerial decision-making in accounting
is not influenced by the individual capacities of the decision-maker
to take decisions. Respondents believe that the disposition effect
is correlated with the choice of accounting policy to maximise or
minimise the company’s income and that there is a link between
the financial incentives granted by the managers to the accounting
professionals in order to beautify the financial statements and the
creative accounting practices.
Keywords
Judgements; decisionmaking; accounting choices; M.A. students; psychological factors; performance
Hrčak ID:
206107
URI
Publication date:
3.12.2018.
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