Statement on Auditing Standards No. 59 requires auditors to assess whether substantial doubt exists about a client's ability to remain a going concern. This study reports an experimental economic test of a game-theoretic model of that judgment. Competing behavioral predictions are based on loss...

This paper analyzes a game theoretic model in which a client can potentially avoid a going concern opinion and its self fulfilling prophecy by switching auditors. Incumbent auditors are less willing to express a going concern opinion the more credible the client's threat of dismissal and the...

This paper analyzes a game theoretic model in which a client can potentially avoid a going concern opinion and its self fulfilling prophecy by switching auditors. Incumbent auditors are less willing to express a going concern opinion the more credible the client's threat of dismissal and the...

This article identifies and discusses changes in the risks companies face in managing environmental issues. Specific attention is focused on the changes in direction at the Environmental Protection Agency, their current initiatives, and their expectations with regard to the new international...

This study investigates the relationship between public and private information using experimental markets. The level of public disclosure is varied to examine the effect on private information consumption and the informedness of price. The experimental setting consists of a double auction...

This paper sets forth a conceptual model for web security within the context of the overall systems development effort, and within the context of traditional accounting internal control processes and structures. Such a model allows for the enterprise-wide control of security risks over a...

Prior studies have identified several factors associated with economic growth including a country's: legal system, banking system, stock markets, and accounting standards. This research examines cross‐country differences in accounting and auditing to assess their role in a country's economic...

Explains the auditing problems encountered by multinational companies under the US Foreign Corrupt Practices Act and the Regulation of Technology Transfers and the complications of resource allocation in countries with different cultures to the USA. Highlights currency fluctuations, human...

We examine the effect of lending banks' board representation (affiliated banker on board, or AFB) on conservative accounting. We argue that private information obtained through board representation enhances the monitoring and the influence of lenders and therefore reduces their demand for...