Journal of Accountancy
A climate of psychological safety is an important prerequisite for effective interpersonal relationships among audit team members and for audit teams to properly meet their fiduciary responsibilities. Audit processes can be more effective and the quality of audits can be improved if auditors understand the concept of psychological safety and its application for audit teams. The failure to create a climate of psychological safety among audit team members can have harmful effects on audit quality, but fortunately CPA firms can take steps to enhance psychological safety and enable more effective audit processes and audit work.
Copyright © 2017, American Institute of CPAs, Inc.
American Institute of CPAs
Place of Publication
Lightle, Susan; Castellano, Joseph F.; and Baker, Bud, "Why Audit Teams Need the Confidence to Speak Up" (2017). Accounting Faculty Publications. 72.
Accounting Commons, Business Administration, Management, and Operations Commons, Business Law, Public Responsibility, and Ethics Commons, Corporate Finance Commons, Nonprofit Administration and Management Commons