Showing 1 - 10 of 15
The article focuses on financial statement fraud based on cases wherein the U.S. Securities and Exchange Commission sanctioned auditors for their association with fraudulent financial statements. All of the cases involved public companies, most of which engaged ill fraudulent financial...
Persistent link: https://www.econbiz.de/10009459012
Partner compensation plans in large accounting firms tend to emphasize either local office profits or worldwide firm …
Persistent link: https://www.econbiz.de/10009459078
This paper examines the relations between three board characteristics (independence, diligence, and expertise) and Big 6 audit fees for Fortune 1000 companies. To protect its reputation capital, avoid legal liability, and promote shareholder interests, a more independent, diligent, and expert...
Persistent link: https://www.econbiz.de/10009459080
We examine changes in internal auditing during the time of the Enron and WorldCom disasters and the related legislative and media focus on internal control and corporate governance. Data gathered from 271 mid-sized US public companies reveal that internal audit budgets, staffing levels, meetings...
Persistent link: https://www.econbiz.de/10009459081
This study examines whether client satisfaction can help explain cross-sectional variation in Big 6 audit fees paid by Fortune 1000 clients. After controlling for other factors related to audit fees (including audit quality attributes), client satisfaction with the audit team is positively...
Persistent link: https://www.econbiz.de/10009459082
In response to recent criticisms of audit committee performance, new SEC and stock exchange rules require companies to prepare an audit committee charter and to publish the charter in their proxy statement at least once every three years. Audit committees also must disclose how they discharged...
Persistent link: https://www.econbiz.de/10009459083
A study's purpose was to investigate the relationship among client satisfaction, attributes of audit quality, auditor change, and controller work experience. To address this purpose, controllers of Fortune 1000 companies were asked to evaluate their existing auditor on each of 12 dimensions of...
Persistent link: https://www.econbiz.de/10009459084
This paper provides insight into financial statement fraud instances investigated during the late 1980s through the 1990s within three volatile industries-technology, health care, and financial services--and highlights important corporate governance differences between fraud companies and...
Persistent link: https://www.econbiz.de/10009459089
Internal auditing has been the focus of much attention in recent years. This study examines factors associated with U.S. public companies' investment in internal auditing. Data from a survey administered to Chief Audit Executives of mid-sized U.S. public companies were supplemented with publicly...
Persistent link: https://www.econbiz.de/10009459090
Over the past two decades, the corporate governance literature in accounting and auditing has grown rapidly. To better …
Persistent link: https://www.econbiz.de/10009459107