Judgment is the fruit of auditors education، experience and personal qualities. nowadays with all technics and programs do we need auditors judgment?

of course we need it

Is indispensable the wisdom of the auditor,  with the technologie's complex,it is necessary to  increase auditor skills to keep up with this development and the recommendations that you must take into account in order to tighten control over data stream flowing out of the programs to ensure the quality and suitability the work

Auditors reports are based on his judgements. It is a mandatory requirement to get the opinion of the auditors on the finanical statements of the company.

Even otherwise, an opinion by the third party (external auditor) has its own weitage and critically important for the company.

When issued a report on the financial and accounting business.And the opinions and not the provisions.And in which direction, not decisions.But they are all built on the foundations and rules and accounting standards and financial incorrect.Internal audit that was built on these grounds, so the fruit be mature, and fully utilized.

Judgment comes into play in several areas (if you want to keep your job :) ):

1. Defining audit universe and performing risk assessment

2. Prioritizing audits for the annual audit plan

3. Estimating resources and time for the audit

4. Scoping the engagement (really, really, really important for work-life balance :) )

5. Performing fieldwork and interpreting CAATs (for example most of our samples are called "judgmental", because you have to judge what to select for better results.

6. Sorting out real findings from false positives

7. Reporting (really, really, really important for your job security :) )

There is a rule for the audit results quality: "crap in - crap out", meaning if the planning and selecting data and scoping was bad, then the results would be bad too.

So judgment is a mandatory part of a successful assurance practice.

الحكمة والنظرة هي الصفات الواجبة لكل  ذي التقوى، حصيصا إذا يدقق أو يرد أشياء مهمة جدا لمن وكله بممتلكات أومسئليات ووضع عنده  أمانته فيها . {فليئد اللذي ائتمن أمانته وليتق الله ربه...}. مع السلام

أخوك في الإسلام

رمان

Technic and programs are tools.Auditor's prime role to apply the same independently impartially in an unbiased manner.

always auditor judgement is essentially particulary in confrdence level estimations

All systems and programs been built based on common cases that profissional auditor detect, but still.. some brand new cases need someone who can smell wrorng things!

Even if self learn systems "Artificial intelegence" been provided, it need pre predected cases to work!

Auditor’s judgment is not just a piece of paper or a bunch of words; the underlying meaning of it is that the Auditor declares that he/she has used the his knowledge, experience and while giving the opinion he/she adopted all the relevant ethical, legal, and regulatory standards and acknowledge that the financial statements prepared under a reporting framework gives a true and fair view of the entity’s affairs. As each transaction in financial statements is surrounded by many susceptibilities both quantitive and qualitative, such susceptibilities cannot be identified and rectified by computer systems. Artificial intelligence has not yet developed to the extent that it can judge every aspect of a single transaction. The independence of computers or other technological product s is not sure as the same is the creation of human beings. So the importance of Auditor’s judgment is increasing with the passage of time.

Sorry I am not a specialist in this field

Companies are conducting audit to meet statutory requirement. I mean legally it is compulsory for companies if it is registered under companies act. As far as an organization is concerned an auditor is a third party, so they conduct the audit independently .Whatever system we implement in the company those systems will not be enough to comply independent audit. Auditors are high level professionals they have their own ethical codes to follow. So companies cannot influence them to hide misappropriation or fraud. This is the reason Audit (external) is very much required. And definitely Audited Accounts statements get high value in the finance market.