Cognitive bias. It quietly shapes many of the decisions made in accounting and finance – often without you realising it.

This unintended bias can become a risk if left unchecked – especially in professions built on precision, trust and ethical responsibility.

Drawing on real-world examples, this episode explores the diverse types of cognitive bias, and how they can impact accounting and finance professionals in our day-to-day work.

Key learnings include:

• Why cognitive bias exists and when it becomes a professional risk

• How common biases affect financial judgement

• The ethical consequences of bias in accounting and finance

• How organisational culture can reduce or reinforce biased thinking

• Practical steps individuals can take to challenge assumptions and improve decisions

• How the rise of AI and automation adds a new layer of complexity to decision-making

The discussion also shows how biases such as confirmation bias, anchoring and overconfidence quietly influence decisions, often without conscious awareness.

Host: Tahn Sharpe, Editor, CPA Australia

Guest: Dr Victor Goh Weng Yew, a PhD in applied psychology and Associate Professor at the Department of Psychology at HELP University in Malaysia, where he is also the acting dean.

For more, head to HELP University online and to its page on LinkedIn.

And there is a CPA PD course on AI and Ethics in Malaysia featuring expert local speakers, case studies and examples.

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CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance, and accounting:

With Interest

INTHEBLACK

INTHEBLACK Out Loud

Excel Tips

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