In considering all the points highlighted in this presentation, as outlined by the OECD (see OECD (2011), Corporate Loss Utilization through Aggressive Tax Planning, OECD Publishing), one salient point to be accentuated relates to the disadvantage of audits as a means for detecting schemes...

As well as a two-fold contribution to the literature as highlighted in their paper, “Financial Disruptions and the Cyclical Upgrading of Labor” (2017:8), and elaborated on by Epstein et al, the reconciliation of two quantitative limitations of current general equilibrium theories...

This paper is aimed at illustrating that certain capacities exist whereby the dual role of the external auditor (in undertaking internal audit roles as well as skilled persons roles) could be exercised to the optimal and maximum benefit of an entity or organisation. It also aims to accentuate on...

Previous research has set a firm position on quality and credibility of accounting information in the audit markets. Firth and Smith (1992), observed that brand name auditors provide higher assurance and credibility to the audited financial statements of companies with little or no trading...

The valuation of S Corporations has been a source of great controversy since the beginning of the recent decade when the US Tax Court ruled in Gross v. Commissioner that the net income of S Corporations should not be tax-affected in the valuation process. The benefit of removing a level of...

This study investigates whether the valuation methods of closely held companies chosen by courts are a function of type of case and level of court. The results of the current study indicate there appear to be systematic trends in court preferences for various valuation methods and approaches....

Forensic accountants are frequently engaged to review business interruption or lost profits claims for insurance matters. Theoretically, the objective of business interruption insurance is to return the claimant to the position that they would have otherwise experienced had a loss not occurred....

This study investigates if preferences for valuation methods exist in the matrimonial courts. The results illustrate that there are systematic trends in court preferences for specific valuation methods in matrimonial court. The trends presented in the current study provide an empirical basis for...

This paper investigates through a survey study if there are differences in views of the relevant skills of a forensic accountant among forensic accounting practitioners, accounting academics and, users of forensic accounting services (attorneys were classified as the primary users of forensic...