Malgwi, Charles A.; Emenyonu, Emmanuel N. - In: International Journal of Accounting, Auditing and … 1 (2004) 4, pp. 503-518
This study investigates audit effectiveness (or the lack thereof) of audit opinions issued by auditors preceding company bankruptcies. Data from all 26 bankrupt UK financial institutions were used to determine if auditors appropriately issued opinions other than unqualified, as signs of...