This study aims to identify the main determinants of audit failure and contribute to the current debate raised by recent European Union regulation on auditor's tenure and economic policies to prevent impairment of auditor's independence. We approach audit failure through auditing enforcement...

Internet-based commerce has now reached a level where Internet-based businesses, such as amazon.com or ebay.com, sometimes generate more revenue than their brick-and-mortar counterparts. In view of the growth in Internet-based businesses, the courts have been forced to address unconventional...