Gwilliam, D.; Macve, R.; Meeks, Geoffrey - Faculty of Economics, University of Cambridge - 1999
Economic arguments in support of increases or decreases in accounting and auditing regulation have generally not been … supported by empirical evidence as to the magnitude of the costs and benefits. The step-change in the scale of such regulation … calculations do not, however, provide an evaluation of whether the particular style of regulation and form of accounting and …
