audit liability regime in Europe. It also responds to the proposals put forward by Doralt and others in their response to …The past few years have seen a growing trend towards the focus on audit liability. In the UK, the Company Law Reform … agreement between the company and the auditor. As well as the UK, audit liability caps also currently exist in Austria, Belgium …

audit liability regime in Europe. It also responds to the proposals put forward by Doralt and others in their response to …The past few years have seen a growing trend towards the focus on audit liability. In the UK, the Company Law Reform … agreement between the company and the auditor. As well as the UK, audit liability caps also currently exist in Austria, Belgium …

We identify endogenously formed same-race audit pairings based on the estimated race of audit partners and auditee … information asymmetry. We suggest that the inability of third parties to explicitly contract over audit outcomes to mitigate …

audit setting, giving rise to a set of concerns with regard to the auditor pair composition. Second, we consider female … link between female directorship and the choice of audit engagement partners. Using appropriate estimation methods, we find … that female board members appointed to key monitoring positions (female independent directors and female audit committee …

, advance proposals which do not favour an outright prohibition of the provision of non audit services, but also consider means …Based on the argument that the benefits conferred through the provision of non audit services by audit firms outweigh … through which non audit services could be regulated in order to facilitate competition in the audit market. At the same time …

relevance between both recommendations. In drawing attention to the significance of corporate governance, audit committees, and …

liability for internal control over financial reporting as well as undergo mandated internal control audits (IC Audits). The … sufficient. The current study informs this debate by investigating the possible interactive effects of manager liability and IC … suggest that only the IC Audit improves the accuracy of managers' ICFR disclosures while investor behavior tracks agency …

liability partnership firms are more likely to issue modified audit opinions than are auditors in limited liability CPA firms … organizational form of CPA firms (unlimited liability versus limited liability) and the reporting conservatism of auditors. Based on … after they incorporated the firm in the limited liability form. These analyses support our hypothesis that a limited …

We model unilateral auditor liability under the assumption that the auditor has an aversion to uncertainty about … will tend to induce excessive care. A liability cap is then advisable. Even with low incentives to sue, an ambiguity …-averse auditor exerts excessive care when damage payments are sufficiently large. With strict liability, there is no ambiguity …

The majority of audit litigation research has focused on juror judgments. We examine how jurors' negligence judgments … impact auditor liability, and that attorneys would benefit from a better understanding of juror decision making …