Modelling Accounting Risk in Audit with Belief Function

Risk evaluation is a critical and defining stage in audit. Under these circumstances, the preoccupations for developing the best method in the field are various. Both on a practical level, as well as on a theoretical one there are numerous qualitative approaches and quantification attempts of the individual or overall risks. The International Standards leave great liberty to the expert, regarding risk identification, analysis, hierarchy and assessment, mainly because of the particularities which characterize each auditing mission. The most well known assessment methods at the moment are: the one offered by the standards, the bayesian method and the method of the belief functions. There is, at the moment, no unanimously accepted risk assessment model in audit, mainly because of the quantification difficulties of the components and the character, subjective by nature, of the accomplishment of the missions