Similar Search Results

An Analysis of the Obstacles of Culture, Government, and Lack of Support for International Accounting Standards

Theodore, Bethany - 2007

With the prevalence of international markets comes the need for universal accounting standards. The International … Accounting Standards Board has created a set of these standards, but unfortunately some skeptics have found that the obstacles of … of China, India, and Australia, it has been found that it is possible to have the same accounting standards among diverse …

Persistent link: https://www.econbiz.de/10009475118

Auditor Failure and Market Reactions: Evidence from China

Asthana, Sharad C.; Sami, Heibatollah; Ye, Zhongxia Shelly - 2009

Zhongtianqin, the largest Chinese auditor in 2000, collapsed in 2001 owing to its audit failure. This study examines how the market reacted to the audit scandal in the Chinese institutional setting. Chinese investors are entitled to recover their investment losses from auditors owing to audit...

Persistent link: https://www.econbiz.de/10009459071