Experimental Research of Economics MA Students’ Perception on the Theoretical Framework of Professional Judgment in Accounting in Connection with Individual Personality Traits

Autori:

Victoria BOGDAN, Ioan Gh. TARA, Olimpia I. BAN

Cod: ISSN: 1583-3410 (print), ISSN: 1584-5397 (electronic)
Dimensiuni: pp. 98-111

How to cite this article:

Bogdan, V., Tara, I.G., Ban, O.I. (2016). Experimental Research of Economics MA Students’ Perception on the Theoretical Framework of Professional Judgment in Accounting in Connection with Individual Personality Traits. Revista de Cercetare si Interventie Sociala, 55, 98-111.

Abstract:

Professional judgment is an increasingly important and provocative topic due to the multiple challenges that must face today the accounting. It becomes more important to understand the components of a fair and qualitative judgment and the key factors that may influence its exercise. To discuss about an adequate professional judgment in accounting it is crucial to relate to a conceptual framework. The present study conducted on master students in finance and accounting has proposed mainly to: (1) understand the cognitive process of professional judgment in accounting; (2) identify some of the individual personality variables that are likely to influence the exercise of logical and rational judgments and (3) statistically test the possible correlations between the appropriate professional judgment in accounting and individual personality characteristics. The instrument of our investigative research was the questionnaire. Out of the 106 master students, 91 of them are currently employed and 56 of these have an accounting related job. 82 are master students in accounting and 24 in finance; 81.1% of the students are taking decisions based on knowledge and experience, 55.7% of them are neither optimists nor pessimists and 75 of them are not satisfied with their salaries. After statistical processing of answers we build up a regression analysis model to test the correlations between professional judgment in accounting framework score and individual variables. We found out that age, work experience and optimism is positive predictors of the correctness of professional judgment but autonomy in decision making process is negatively influences the professional judgment.