Mautz, Robert Khun

born 1915 A U.S. academic, author, and specialist in auditing and accounting. Professor Mautz coauthored *The Philosophy of Auditing, a landmark book of 1961 that set out the famous *postulates of auditing. Mautz’s career has involved both professional experience as a * Certified Public Accountant and a distinguished academic profile. After several years in *public accounting he started his academic career at the University of Illinois in 1948. He left university life in 1972 to join the accounting firm Ernst & Whinney (now part of *Ernst & Young) as a partner, and in 1978 returned to academic life. Other than The Philosophy of Auditing, Mautz’s achievements include (i) the authorship of a number of books on auditing, including Fundamentals of Auditing (1954), (ii) the founding editorship of the journal * Accounting Horizons, (iii) awards for professional service from the *American Institute of Certified Public Accountants, and (iv) induction in 1978 into the *Accounting Hall of Fame. Further reading: Mautz (1954); Mautz and Sharaf (1961)

Auditor's dictionary. 2014.

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  • postulates of auditing — Theoretical principles and assumptions that purport to define the basis of auditing. *Robert Khun Mautz and Hussein A. Sharaf elaborated eight tentative postulates of auditing in *The Philosophy of Auditing (1961, Chapter 3): 1. *Financial… …   Auditor's dictionary

  • irregularity — An inaccuracy mistake, or occurrence outside normal patterns. An irregularity can be either intentional (as in a *fraud) or unintentional (as in an *error), but the term is perhaps loaded toward matters arising from intent. Two of the *postulates …   Auditor's dictionary

  • Philosophy of Auditing, The — A landmark study of auditing’s theoretical underpinnings. Coauthored by *Robert Khun Mautz and Hussein A. Sharaf, and published by the *American Accounting Association, The Philosophy of Auditing first appeared in 1961. Among the book’s… …   Auditor's dictionary

  • auditability — The feasibility of undertaking auditing procedures. Auditability is the first of the *postulates of auditing elaborated by *Robert Khun Mautz and Hussein A. Sharaf: It is, in effect, the prerequisite to auditing. If all the records of a… …   Auditor's dictionary

  • external audit — An *audit of *financial statements by independent individuals or organizations. *Robert Khun Mautz has suggested that the role of external auditing in an advanced economic society can be and has been stated in very simple terms to add credibility …   Auditor's dictionary

  • internal control — A physical or procedural mechanism that monitors and reduces *risk in an organization’s financial and operational activities. In its 1992 report *Internal Control Integrated Framework, the *Committee of Sponsoring Organizations of the Treadway… …   Auditor's dictionary

  • profession — A skilled occupation that requires a high level of expertise and that fulfills a public service. The three traditional learned professions are divinity, law, and medicine, but from the nineteenth century a number of new professions arose,… …   Auditor's dictionary

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