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We study events surrounding ChuoAoyama’s failed audit of Kanebo, a large Japanese cosmetics company whose management engaged in a massive accounting fraud. ChuoAoyama was PwC’s Japanese affiliate and one of Japan’s “Big Four” audit firms. In May 2006, the Japanese Financial Services...
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have a negative relationship with abnormal accruals on the condition that the tenure of the other audit-engagement partner …
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experience increases in workload over the prior year have greater absolute discretionary accruals as well as an increased …
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We study events surrounding ChuoAoyama’s failed audit of Kanebo, a large Japanese cosmetics company whose management engaged in a massive accounting fraud. ChuoAoyama was PwC’s Japanese affiliate and one of Japan’s largest audit firms. In May 2006, the Japanese Financial Services Agency...
Persistent link: https://www.econbiz.de/10014167356
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