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Effective consultation is critical for improving the audit of estimates. In an experiment where audit managers acted as consultants to other auditors, we examine conditions in which consultants either recommend estimates that differ substantially from advice-seekers' assessments (contrariness)...
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The accounting profession has actively adopted a broader service focus which includes business advice, but the scant …
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managerial accounting studies are purely descriptive, conducted without an underlying theory, and unguided by research hypotheses … accounting choices and for testing economic and non-economic theories. Finally, we highlight some of the new directions in the … finance literature, and their relevance for managerial accounting research …
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