<title>Abstract</title> This study investigated the differential perceptions of the ‘true and fair view’ among accountants, bank officers and managers in Singapore and examined whether ‘true and fair’ was perceived to mean compliance with GAAP and compliance with legal requirements. The survey...

Illustrates the use of the Bayesian decision‐tree approach in making auditing decisions. First reviews the audit process and shows that the outcomes of auditing decisions depend not only on the courses of action but also on some uncontrollable chance events. Explains the Bayesian...