11. Reactions of individuals to financial reporting

Question 1

What is Brunswik Lens Model?

Answer 1

Depicts the processes involved in making decisions. It represents the processes involved when people use information cues in a variety of ways to come to a decision about future events. The Brunswik Lens Model also suggests that some of the cues might be interrelated. No individual cue is expected to provide a perfect predictor of the future event.

Question 2

What is Behavioural Accounting Research?

Answer 2

Applies theories and methodologies from the behavioural sciences to examine the interface between accounting information and processes and human behaviour.

Question 3

What are the 5 main branches of behavioural research in accounting?

Answer 3

Managerial control
Accounting information processing
Accounting information system design
Auditing process research 
Organisational sociology

Question 4

What are the 3 inputs to the Brunswick lens model

Answer 4

Input
Decision process
Output