Auditing is supposed to be objective. But in practice, hidden biases — both company and individual — can skew the process. From time pressure and client relationships to the internal incentives within audit firms themselves, these forces can shape judgments in ways that put investors and the broader economy at risk.

In this episode of the Executive Summary, Minlei Ye, an associate professor of accounting, breaks down the psychological and structural biases that influence auditors, what happens when independence erodes, and why better safeguards — and a shift in mindset — are essential to restoring trust in the process.

Give it a listen above, catch up on the entire season below, or check it out on your favourite podcasting platform (Apple, Amazon, Spotify or YouTube). And, of course, don't forget to subscribe. 

Prefer to read than listen in? Check out the transcript on Simplecast. 

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