With the movement towards adoption of International Financial Reporting Standards (IFRS) worldwide, a question arises as to whether the adoption of a principles-based approach such as IFRS will ultimately result in higher quality financial reporting. This issue is particularly relevant because,...

This paper investigates whether firm ownership structure alters the likelihood of auditor resignations and the associated stock market reaction in the U.S. over the period 2004-2008. Relying on prior research, we posit that family ownership aligns family members’ interests with those of...

The Roman Holiday Pizza Paradise case provides an audit setting that requires students to understand and perform procedures related to the audit of a fair value estimate in connection with the impairment of an unusual intangible asset, reacquired franchise rights, in the pizza restaurant...

The quality of corporate disclosures has drawn increasing levels of criticism from Congress and the SEC. A subject of particularly intense scrutiny and action is the Management's Discussion and Analysis (MD&A). This narrative, intended to provide an inside perspective on the reported results of...

This paper describes the current environment for assurance services for corporate social responsibility (CSR) performance. It then discusses opportunities for research, including highlighting areas that are evolving as significant research opportunities and areas of significance that have been...

The business press is showering criticism on business academics, citing failure in teaching relevant skills to students and a perceived increasing irrelevance of research streams. This criticism is echoed by some academics, who assert the need for serious consideration of the direction of the...