The information systems literature and the public press have called for organizations to more closely scrutinize their information technology (IT) controls; however, little more than anecdotal evidence exists on the business value of IT internal control investments, beyond regulatory compliance....

The focus of this study is to identify the critical risk factors that can be used to assess the impact of B2B e-commerce on overall enterprise risk. The Khazanchi and Sutton (2001) framework for B2B e-commerce assurance is applied as the organizing conceptual model for the study. The framework...

We investigate how the involvement of an external consultant in management's assessment of internal control affects external auditors' planning decisions. We find that when management integrity is low, such involvement results in auditors recommending a higher reliance on internal controls and...

In this paper, we develop and test a conceptual model that posits how the timing of concessions made by an auditor to auditee management influences negotiation judgments. Our model hypothesizes that auditors' concession timing strategies influence financial officers' offers (given in the round...

XBRL is a language for the electronic communication of business and financial data, which is revolutionizing business reporting around the world. It provides major benefits in the preparation, analysis, and communication of business information. This note takes a foundational step toward a...

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...

Current waves of corporate collapses have brought the discussions about auditor independence into spotlight. In this context, the debate about the propriety of auditors' joint provision of audit and non-audit services to their audit clients has featured considerably. One approach to this debate...

Auditors rely on two important types of knowledge when performing audit tasks. The first type is the knowledge of financial transactions, internal controls, their interrelationships, and the associated processes, i.e., the knowledge of the structure of internal control systems and financial...

Given the board of directors’ oversight role with respect to internal control systems, we examine how disclosures of internal control material weaknesses under Sarbanes-Oxley Section 404 affect shareholders’ voting in director elections. We find that the presence of material weaknesses is...

On March 16, 2005, the SEC issued Final Rule 33-8529 encouraging registrants to voluntarily file tagged financial statement information on the EDGAR reporting System using XBRL format. In this paper, we examine whether early and voluntary filers of financial information in XBRL format...