Dissertations / Theses: 'Accounting and audit'

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Dang, Li Brown Kevin F. "Assessing actual audit quality /." Philadelphia, Pa. : Drexel University, 2004. http://dspace.library.drexel.edu/handle/1860/296.

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Eldaly, Mohamed Khaled. "Effects of the new regulations of the audit profession on the audit firms' strategies." Thesis, University of Bedfordshire, 2012. http://hdl.handle.net/10547/294283.

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The audit firms play an important role in the capital markets by verifying that auditors provide reliable information to the decision makers. However, trust in auditing firms has been questioned following Enron‘s failure and accounting scandals at WorldCom and other companies. As a result, Arthur Anderson failed and the number of big audit firms fell to four firms and no one knows who might be next. Defond and Francis (2005) believe that a critical trigger occurred when Deloitte & Touch issued a “clean” peer review report on Arthur Andersen in December 2001, just a few weeks before Andersen publicly announced that it had shredded documents related to Enron audit. The credibility and integrity of the profession‘s self-regulation program was immediately in doubt. To protect public interests and to restore confidence in the capital markets, the USA government issued the Sarbanes-Oxley Act (SOX) in 2002. Similarly, the Financial Reporting Council in the UK provided the Professional Oversight Board with similar mission. This thesis aims to explore the role of independent audit regulators in promoting confidence in the audit profession, and analyse the big four firms’ strategies that react toward these regulatory changes in the audit markets. The lack of studies in this area supports the use of grounded theory as a research methodology. 24 semi-structured interviews were conducted with the top management level of the audit regulators and big four firms’ partners. This study contributes to the literature as it provides a better understanding of the satisfaction of the big four audit firms toward the new independent regulators, and how these firms react toward the additional requirements of the independent inspectors.

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Ireland, Jennifer Clare. "Audit quality in the UK." Thesis, University of Bristol, 2003. http://hdl.handle.net/1983/7ec38efd-7d33-4652-86d2-4e9aec98c391.

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Tekleab, Ermias Estifanos. "The audit expectation gap in Eritrea." Master's thesis, University of Cape Town, 2005. http://hdl.handle.net/11427/5622.

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Abdel, Meguid Ahmed Mohamed. "Does the auditor's portfolio structure matter? the effects of industry expertise on audit quality and audit fees /." Related electronic resource:, 2007. http://proquest.umi.com/pqdweb?did=1342724671&sid=1&Fmt=2&clientId=3739&RQT=309&VName=PQD.

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Thomson, Chelsea. "Exploring the perspectives of audit committee members on mandatory audit firm rotation in a South African context." Master's thesis, University of Cape Town, 2018. http://hdl.handle.net/11427/29203.

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This study examines the perspectives of experienced audit committee members on mandatory audit firm rotation (MAFR) in a South African context. This follows the recent initiatives by the Independent Regulatory Board of Auditors (IRBA) to make audit firm rotation compulsory in South Africa. Semi-structured, in-person interviews were conducted with audit committee members in South Africa to explore and contribute to the existing literature on audit committee member positions on MAFR. Twenty-two audit committee members were interviewed. Key discussion areas revolved around the regulator’s intended impact of MAFR in South Africa, including the promotion of auditor independence, the lowering of audit firm market concentration and acceleration of the rate of transformation in the South African audit industry. The findings show a general consensus among the audit committee members interviewed that MAFR will not achieve any of the objectives of the IRBA and that the members are predominantly in opposition of MAFR. Furthermore, the members proposed various arguments against MAFR, illustrating how the policy has limited benefits, if any, and will introduce many monetary and non-monetary costs into the audit industry, which could negatively impact the appeal of the audit industry. The vast majority of members held the view that the primary purpose of MAFR in South Africa is not to promote auditor independence, but is rather intended to address market concentration and transformation. However, the findings indicate that MAFR is believed to not be the best solution for these issues and, as such, further research and alternative measures should be sought by the regulator.

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Liu, Yuanyuan, and Yang Shen. "Energy Audit and Accounting for Riksbyggen Fastighetsservice, Gävle." Thesis, University of Gävle, Department of Technology and Built Environment, 2009. http://urn.kb.se/resolve?urn=urn:nbn:se:hig:diva-4453.

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Riksbyggen Fastighetsservice is a company whose businesses cope with building construction and related services. The local office of Riksbyggen Fastighetsservice in Gävle has been studied in this project. The local office locates in Näringen 20:4, which was constructed in 1989.

The aim of this project is to make a diagnosis of the current situation; find out the most applicable way of optimizing the operation of the facility in order to reduce the energy consumption, to study costs and possible savings and provide assistance with future energy management.

Firstly, a study of Energy Balance was conducted. The transmission losses was 57761 KWh; mechanical ventilation losses 3855 KWh; hot tap water heat losses 9579 KWh; natural transmission and infiltration 6897 KWh. On the other hand, heat gain from internal heat was 12707 KWh; solar radiation 8521 KWh; and supply heat 56806 KWh.

Secondly, the energy costs have been checked out. 29655 KWh of electricity was consumed in 2008. 5948 KWh was used by 20 fuses electricity and 23707 KWh was for 25 fuses. Lighting, electrical equipment and machine composed the electricity consumption. Lighting consumes 13278 KWh; equipment consumes 6452 KWh; and machine consumes 9925 KWh. Lighting electricity was composed by office lighting and workshop lighting with 4798 KWh and 8480 KWh respectively.

Electricity cost is very complicated and flexible in Sweden according to effect and consumption. The total cost of electricity consists of electricity commerce fee and electricity transmission net. Electricity commerce fee includes annual fixed fee, electricity fee, energy certificate and tax. Electricity transmission fee includes annual fixed transmission fee, grid fee and tax. Tax plays vital important role which results in huge total cost. The local office spent 43356 kr on electricity in 2008. 4798 kr was spent on office lighting, and 8480 kr was spent on workshop lighting.

On the other hand district heating fee is composed by annual fixed fee, effect fee, energy fee and tax. The local office spent 37142 kr on 56.806 MWh of district heating in 2008. Thus, the local office purchased 86461 KWh of energies and spent 80498 kr in total in 2008.

Thirdly, to assist its energy traces and management, three tables were designed. One table is for annual energy consumption and cost in each month with all information of sub-terms on costs. One table is for annual electricity consumption for each electrical equipment and cost in accordance. Another table is for district heating consumption and cost.

At last, energy saving possibilities was explored. One way is applying improvements or maintenance of the office construction. The result of Energy Balance shows that transmission losses were 57761 KWh which occupies 74% of the total losses, and it is the biggest bite. As the office was constructed in 1989, if improvements and maintenance can be applied to the insulation of floor, roof and walls, or change the windows, the heat losses can be reduced.

However, the other solution might be much more applicable and financial sound. Just go to Clas Ohlson to buy LED 1 W and 3 W lamps to replace the current bulbs. Spending 3009 kr to buy 51 LED incandescent bulbs of 1W effect, and 3576 kr on 24 LED fluorescent of 3W effect, will save 12057 kr every year. The lighting electricity consumption will be reduced from 13278 KWh / year to 264 KWh / year. Instead of spending 16017 kr on lighting, 98% will be reduced, and only 318 kr will be paid. Moreover, the payback is really nice, only 0.42 year. Action! The sooner the better! 20% of energy cost will be saved!

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Ortman, Connor. "Blockchain and the Future of the Audit." Scholarship @ Claremont, 2018. http://scholarship.claremont.edu/cmc_theses/1987.

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“In the future, virtually every function in the world of financial services will be displaced, disintermediated and decentralized. The Internet gave us a powerful way to share and access information. Blockchain now gives us a powerful way to share and access value.” During a February 2017 AICPA roundtable, Chairman of the Wall Street Blockchain Alliance and previous Global Head of Trading Analytics at Thomson Reuters, Ron Quarantana spoke to the revolutionary scale of blockchain. Quaranta, viewed by many as an expert in financial technology, predicts that the adoption of blockchain, both by the Big Four accounting firms and their clients, will disrupt the accounting industry by greatly reducing the time and skill needed to perform a quality audit. Some, such as Thomson Reuters’ Jon Baron, even claim that blockchain may eliminate the need for financial statement audits altogether. To many, blockchain is synonymous with Bitcoin, the cryptocurrency that, over the past three years, has returned 3,310%, compared to 35% and 36% returns of the S&P 500 and Dow Jones Industrial Average (DJIA), respectively. Blockchain, however, is much more than Bitcoin, with applications stretching further than cryptocurrency. Rather, it is a peer-to-peer hosted public ledger that does not require a central authority to support or verify transactions, and is unalterable in future periods. In this study, I propose to examine what blockchain technology means for the 887,000 people currently employed by the Big Four. More specifically, I seek to expand upon whether the potential adoption of blockchain in the coming years will reduce audit fees, impact audit quality, or perhaps do away with the audit completely.

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Desai, Vikram G. "CHANGE IN THE INDIAN ACCOUNTING PROFESSION: THREE STUDIES RELATED TO THE ENTRY OF THE BIG FOUR ACCOUNTING FIRMS IN INDIA." Doctoral diss., University of Central Florida, 2007. http://digital.library.ucf.edu/cdm/ref/collection/ETD/id/2097.

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This dissertation focuses on the globalization of audit markets. In particular, this dissertation is studying the entry of the Big Four accounting firms into India post-economic and political reforms of the early 1990s. The dissertation is comprised of three separate, but related studies. Each study appeals to prior research in accounting and related disciplines to examine the entry of the Big Four accounting firms in India. The first study appeals to audit market and economic research on incumbent pricing to examine ways in which local accounting firms in India adapted to the competition introduced by the Big Four accounting firms. The second study is an account of the change in the organizational field of the Indian accounting profession caused by the entry of the multinational accounting firms from 1990 to 2005 from a social constructionist perspective using the model of nonisomorphic change. The third study examines the change in the Indian accounting profession from 1990 to 2005 caused by the entry of the Big Four accounting firms in India from a critical perspective. It appeals to the theories of globalization to examine the change. Taken together, these studies attempt to provide the Big Four accounting firms useful information about the pricing strategies likely to be faced by them from local accounting firms in a new market, provide insights into the multiple roles played by professional associations in the process of radical change in the organizational field, and emphasize that globalization of accounting markets has not been accompanied by a level playing field for the local accounting profession in the globalized markets.
Ph.D.
Kenneth G. Dixon School of Accounting
Business Administration
Business Administration PhD

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LUO, Wei. "Determinants and implications of audit reporting lags in China." Digital Commons @ Lingnan University, 2012. https://commons.ln.edu.hk/acct_etd/15.

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Timeliness is an essential attribute of corporate financial reporting as it affects the usefulness of information made available to external investors. The recognition that the length of audit is the single most important determinant influencing the timeliness of earnings announcements has motivated investigations on audit reporting lags in different countries. Nevertheless, there is a lack of research on this issue in China where the institutional environment for accounting and auditing practices is different from that of other countries. The growing interest in the Chinese stock market from domestic and international investors further increases the importance of this research. In this study, I first explore the determinants of audit reporting lags in China based on the characteristics of the Chinese audit market and business environment. I then examine the implications of long audit reporting lags. The findings of this paper indicate that audit risk, audit complexity, and auditor expertise are all associated with the length of audit reporting lags in China. Firms with long audit reporting lags are more likely to have adverse consequences such as non-standard opinions and financial statement restatements in subsequent periods.

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YUEN, Kelly Grani. "Client importance and audit quality in highly connected jurisdictions." Digital Commons @ Lingnan University, 2016. https://commons.ln.edu.hk/acct_etd/22.

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The study focuses on the audit quality issue in three culturally and commercially highly connected jurisdictions with very different legal systems which affect auditors. Hong Kong practices common law, Taiwan practices civil law, and the People’s Republic of China (Mainland China) practices a socialist legal system. Taiwan adopts a civil law system with heavy influence by common law countries. It is therefore motivating to assess how auditors in each of the three connected jurisdictions with distinctive legal environments handle the audit quality for important clients. Accounting scandals and auditing frauds are perceived to be driven by aggressive companies and misrepresentation of audit reports. However, a locale’s legal system and law enforcements should affect the services auditors provide to their clients, particularly ‘important’ clients. I find that in all three jurisdictions, the more important the client to its auditor, the lower the audit quality as measured by restatement of financial statements. However, I find mixed results when using other measures of audit quality.

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Andrus, Jon Michael. "The acquisition of task-relevant audit knowledge." Diss., The University of Arizona, 1996. http://hdl.handle.net/10150/290577.

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It is widely held that the auditor's experience is the most important factor leading to the development and organization of the auditor's knowledge base (Waller and Felix 1984; Gibbins 1984). This study extends prior research by examining knowledge differences between auditors with similar amounts of public accounting experience (general domain experience) but with differing specific audit experiences and training. The study examines the association between experience and training and the auditors knowledge of the effectiveness of internal control and audit procedures to prevent and detect potential misstatements of financial statements. This particular knowledge is important in the performance of audit risk assessment and audit planning tasks. Risk assessment and audit planning tasks are important tasks that auditors begin to perform early in their auditing careers. In order to test these relationships, 60 subjects with approximately one to two years of public accounting experience performed a knowledge retrieval task to assess their knowledge of the relationship between common financial statement misstatements and the control and audit procedures that would prevent or detect those misstatements. Self-reported measures of public accounting experience and estimates of experience and training relevant to various industries and audit activities were collected to develop measures of task-relevant experience and training. The resulting evidence of this study provides limited support that differences in audit-cycle experience results in differences in the auditor's knowledge of effective internal control procedures. The study also provides evidence that the knowledge of the relationships between internal control and audit procedures and potential misstatements to financial statements is acquired, at least in part, prior to obtaining significant experience in performing audit planning tasks.

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Farag, Magdy. "THE EFFECT OF ACCOUNTING REGULATION ON SECOND-TIER AUDIT FIRMS AND THEIR CLIENTS: AUDIT PRICING AND QUALITY, COST OF CAPITAL, AND BACKDATING OF STOCK OPTIONS." [Kent, Ohio] : Kent State University, 2007. http://rave.ohiolink.edu/etdc/view?acc%5Fnum=kent1195230343.

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Ling, Ran. "How Does the Nature of Accounting Standards Affect Audit Quality and Earnings Attributes?" FIU Digital Commons, 2018. https://digitalcommons.fiu.edu/etd/3764.

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The purpose of this study is to provide evidence on the effects of the nature of accounting standards (i.e. principles- versus rules-based accounting standards) on audit quality and earnings attributes. I construct a comprehensive instrument to effectively measure rules-based characteristics in the U.S. GAAP following Mergenthaler (2011). I then construct a firm-level instrument to capture firms' reliance on principles-based accounting standards using the textual analysis approach developed by Folsom et al. (2017). Using data from S&P 500 companies during 2009-2014, I first examine whether principles- (or rules-) based standards in the FASB Accounting Standards Codification (ASC) system affect both the inputs (i.e. audit fees) and the outcomes (i.e. financial misstatements) of the audit process. The multivariate regression results show that firms applying more principles-based standards pay less audit fees but the nature of accounting standards doesn’t affect restatements. My finding suggests that auditors do consider the degree of precision and complexity in accounting standards when assessing the level of audit inputs, but audit quality is generally not compromised by the nature of accounting standards. I also investigate the influence on firms’ earnings attributes. More specifically, I examine the statistical association between firms’ reliance on principles- (or rules-) based accounting standards and the timely loss recognition (TLR) during the same sample period. Interestingly, I find that the timeliness in loss recognition is insensitive to firms’ choice of applying more principles- (or rules-) based accounting standards. The results of this study should be of interest to preparers, auditors, U.S. standards setters, and accounting researchers.

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Olarnsakul, Tavinie. "Can Regulation Improve Ethics Within The Auditing Profession?" Scholarship @ Claremont, 2017. http://scholarship.claremont.edu/cmc_theses/1672.

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This paper will examine the effectiveness of the Sarbanes-Oxley Act of 2002 (SOX) in improving ethics within the external auditing profession. The first chapter explores well-known ethical theories and professional code of conducts related to the auditing profession. The second chapter details the generally accepted auditing standards and changes that have been made throughout the years. The third chapter examines past corporate fraudulent scandals (Waste Management, Lincoln Savings and Loan Association, Enron) and studies the role of auditors in contributing to the collapse of these corporations. The forth chapter details the objective of the SOX and how it plans to protect the investing public and improve the reliability of financial information. Finally, the fifth chapter compiles various research studies that examine the effects of the SOX and its impact on audit quality. The author discovered that regulation could help enhance ethics through indirect measures that aim to improve audit qualities, and thus, promote virtue ethics within the auditing profession. Some of these measures include establishing an oversight board to strengthen regulation and enforcement (section 101), reducing the scope of non-audit services (section 201), requiring auditors to attest to a client’s internal control operating effectiveness (section 404) and promoting principles-based standards within the profession (section 108). Through these measures, the Sarbanes-Oxley Act has managed to regain the public trust and improve audit quality, thereby, enhancing ethics within the auditing profession.

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Tarlton, Ron E. "Behavioral Styles: Comparing Audit Partners, Audit Managers, and Staff Auditors in Large CPA Firms." NSUWorks, 2011. http://nsuworks.nova.edu/hsbe_etd/111.

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A review of the literature concerning the personalities of accountants revealed that styles and preferences have remained consistent through the years. However, the job requirements of upper-level management in large CPA firms have been changing, especially in this post-SOX regulated era. Studies related to the personalities of accountants have been conducted concerning various behavioral issues. However, the influence of behavioral style on specific attitudes at each of the three levels in large auditing firms has not been addressed. As a result, this study identified the styles of auditors at three levels (staff auditor, audit manager, audit partner) using DiSC Indra, a self-evaluation assessment tool. In addition, the changes (if any) in specific behavioral attitudes of CPAs at each of the three levels were measured using a Survey of Attitudes. Analysis revealed statistically significant correlations existed between dominant interpersonal relationship styles and role conflict, professional commitment, and affective professional commitment. In addition, statistically significant correlations between the three organizational levels and role conflict, organizational identification, professional commitment, and affective professional commitment also were found. As expected, the study found that the interpersonal relationship styles of auditors in this study were significantly different from those of the general working population. In addition, the study found statistically significant differences in the frequency of interpersonal styles between levels of auditors. This may indicate that as auditors move up in their firm, they must work out of their natural interpersonal style.

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WANG, Meixin. "An assessment of dual audit effect and contagious effect on the audit quality of non-Big N CPA firms for Chinese companies in different markets." Digital Commons @ Lingnan University, 2014. https://commons.ln.edu.hk/acct_etd/19.

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External auditor is an independent agent to provide assurance about the validity of financial statements prepared by management to enhance the reliability of information in financial reports. As such, audit quality has long been a concern for all stakeholders and is a topic of on-going research interest. In China, the dual audit requirement for AB share companies and AH share companies started in 2001 was abolished in 2007 and 2010 respectively. This study attempts to examine whether there are dual audit effect and contagious effect on the audit quality of non-Big N audit firms for A share companies in different markets. I focus on non-Big N audit firms since the audit quality of these firms are of greater concern. Using data from 2001 to 2012, I compare the audit quality of A share companies that also have B (or H) shares ((AB/H) with the audit quality of pure A share companies to test whether there is a dual audit effect on the audit quality of A-share financial statements. I also compare AB/H share companies which hire only non-Big N auditors with those ABIH share companies who hire non-Big N domestic auditors and Big N international auditors to test the existence of contagious effect on the audit quality of A-share companies. My findings indicate that dual audit does improve the audit quality of non-Big N audit firms for A share companies. However, there was mixed evidences on the contagious effect using different measures of audit quality. This study contributes to the literature on enhancing our understanding of the determinants of audit quality in China. It can also provide policy makers in emerging economies some useful evidence on ways to improve audit quality.

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Heger, Martin. "Audit v počítačovém prostředí." Master's thesis, Vysoká škola ekonomická v Praze, 2009. http://www.nusl.cz/ntk/nusl-10902.

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The work shows risks and opportunities of audit of financial statements resulting from a computer environment. First it describes the general principles of auditing and its legislative definition. For basic orientation to the work deals with new trends of IS / ICT in accounting. Following them it describes different approaches of auditors to the computer environment. The main part focuses on computer-assisted audit techniques (CAATTs), which auditors can use depending on their approach to the computer environment.

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Zimbelman, Mark Foster 1959. "Assessing the risk of fraud in audit planning." Diss., The University of Arizona, 1996. http://hdl.handle.net/10150/290605.

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The ASB recently proposed that auditors explicitly assess fraud risk and document their planned response to the level of fraud risk. Researchers and practitioners have recommended that auditors perform separate risk assessments for intentional misstatements (e.g., management fraud) and unintentional misstatements (e.g., errors) in order to improve auditors' ability to detect fraud. This study examines the effects of this requirement on auditors' planning decisions. In comparison with auditors who make combined inherent risk assessments, auditors who make a separate inherent risk assessment are expected to spend more time attending to fraud cues and react to changes in fraud risk indicators more readily. Additionally, auditors who make separate risk assessments are expected to report less confidence in their fraud risk assessment when compared to their error risk assessment due to the difficulty of interpreting the implications of strategic behavior. A computerized test instrument monitored auditors' time attending to fraud cues. Four versions of the software manipulated, between subjects, the type of inherent risk assessment required (i.e., separate assessments for intentional and unintentional misstatements or a combined assessment) and the indicators of fraud risk in an audit case (i.e. 'low' or 'high' fraud risk). Auditors' planning decisions are used to measure their response to the indicators of fraud risk. Evidence of the effects of performing a separate fraud risk assessment may provide policy makers with information to evaluate the economics of the ASB's proposed policy change. Data analyses indicate that auditors who separately assessed fraud risk used significantly more time attending to the fraud cues. Additionally, the group who separately assessed fraud risk budgeted significantly more hours for the case that indicated higher fraud risk than the lower fraud risk case while the other group reported no significant difference in planned hours. Analyses of audit procedure selections revealed no significant differences between groups suggesting that auditors do not modify the nature of their audit tests as a response to perceived fraud risk. Finally, comparisons of auditors' confidence in their risk assessments showed that they were significantly less confident in their fraud risk assessment than in their error risk assessment.

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Willekens, Marleen. "Economic aspects of audit regulation and auditor liability." Thesis, University of Warwick, 1995. http://wrap.warwick.ac.uk/36143/.

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This thesis provides one of the first (to the author's knowledge, the first) micro-economic analyses of audit regulation and auditor liability. The analysis draws on insights from the economics and law literature that liability and regulation affect behaviour of individuals and organisations. The major research questions addressed in the thesis are the following: 1) How is demand for external audit services affected by joint and several liability of directors and external auditors? 2) How do auditor liability and professional audit standards affect audit quality? 3) Is it in the public interest to use auditor liability and professional audit standards jointly to monitor audit quality? The analysis is general, in the sense that a number of alternative regulatory scenarios are considered, and therefore hopes to be of relevance to various legal environments. Propositions about audit demand and production behaviour are drawn, as well as corollaries about the welfare implications of audit regulation and liability. Some major conclusions from the economic analysis are the following. 1) Consistency in judicial reasoning should be promoted. Certainty about what constitutes 'due care' leads to compliance by directors and auditors. 2) Uncertainty about due care crucially affects behaviour, both of auditors and directors. 3) Liability insurance arguments are irrelevant for audit demand when the due care level for directors is fairly certain. 4) Statutory audit requirements should only be imposed under limited circumstances. 5) More prescriptive professional audit standards have a positive effect on audit quality, but one standard for all client situations can never lead to social efficiency. 6) Liability restriction has a negative effect on audit quality. It may however promote socially efficient behaviour when there is overproduction of audit quality. 7) The joint use of liability restriction and more prescriptive professional audit standards may lead to a status quo in terms of audit quality produced, and therefore not welfare improving.

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Rich, Kevin T. "Audit committee accounting expertise and changes in financial reporting quality." Thesis, Connect to title online (Scholars' Bank) Connect to title online (ProQuest), 2009. http://hdl.handle.net/1794/10238.

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Lu, Tran Diem T. (Trinh). "The effect of auditors’ workload pressure and compression on audit quality." Master's thesis, University of Oulu, 2016. http://urn.fi/URN:NBN:fi:oulu-201605121710.

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This study aims to examine the effect of workload compression and workload pressure on overall audit quality. It is motivated by the little available evidence concerning this potential effect as well as author’s experiences in audit profession. Workload pressure and workload compression are surrogated by busy season (i.e fiscal year end date in December), audit workload (i.e pressure degree of audit company on clients’ portfolio at certain point of time), audit concentration (i.e concentration of audit company on one client at certain point of time). Abnormal accrual is the proxy of audit quality. The main purpose of the study is to strengthen the results of prior research by López & Peters (2012), then requires management team of audit firms draw more attentions on preparing resources to ensure audit quality for all ongoing engagements. In other words, it requires audit partners become more prudent before accepting new clients, moreover, new regulations about the resource preparation should be issued to ensure the audit quality. Our study used a sample of 6,500 observations between 2010 and 2013 from Compustat and Audit Analytics. The results show that busy season companies have higher abnormal accruals, in other words, workload compression and workload pressure negatively affect audit quality, which is consistent with prior researches. Moreover, our study found the company size and number of business segments, geographical segments and operating segments also affect audit quality. This result is an open topic for further researches in the future because of its inconsistency with previous study.

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Borzelleca, Daniel C. "The Potential Market Impacts of a More Concentrated Audit Market." Ohio University Honors Tutorial College / OhioLINK, 2012. http://rave.ohiolink.edu/etdc/view?acc_num=ouhonors1338575234.

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Kim, Jamie J. "Should Mandatory Audit Firm Rotation Be Implemented?" Scholarship @ Claremont, 2012. http://scholarship.claremont.edu/cmc_theses/367.

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The accounting profession, particularly the public company auditing profession, has experienced a drastic transformation over the last decade. Following a series of costly accounting scandals that tarnished the profession’s credibility, Congress passed the Sarbanes-Oxley Act of 2002 (SOX) for more rigorous regulation of public companies and public accounting firms. The new policy changed audit interactions with clients and included a mandate for the periodic rotation of audit partners on audit engagements to increase auditor independence. Currently being debated are further changes that may lead to additional restrictions and more work for auditors and their clients. This thesis explores the issue of auditor independence in the audit process and examines whether the periodic rotation of audit firms should be mandated in the U.S.

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Shan, Zilu. "Trois Essais en Audit." Thesis, Jouy-en Josas, HEC, 2020. http://www.theses.fr/2020EHEC0006.

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Cette thèse est constituée de trois chapitres dans le domaine de la recherche d'audit. Le premier chapitre, co-écrit avec François Larmande, analyse un modèle dans lequel la qualité de l'audit - au-dessus d'un seuil donné - diminue la qualité comptable en raison de la substitution entre la comptabilité et la gestion des bénéfices réels. Le deuxième chapitre, co-écrit avec Cédric Lesage, explorant le comportement de gestion des bénéfices des gestionnaires confrontés à une expertise plus élevée des auditeurs. Le troisième chapitre examine comment la réglementation de l'audit affecte les comportements de divulgation et de gestion des bénéfices des managers
This dissertation consists of three chapters in the field of audit research. The first chapter, joint with Francois Larmande, analyzes a model in which audit quality - above a given threshold - decreases accounting quality because of the substitution between accounting and real earnings management. The second chapter presents the joint work with Cedric Lesage, exploring the earnings management behavior of managers facing higher auditor’s expertise. The third chapter investigates how audit regulation affects managers’ disclosing and earnings management behaviors

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Chai, Sian H. "Too Few To Fail: An Analysis of Ethics in the Audit Industry." Scholarship @ Claremont, 2015. http://scholarship.claremont.edu/cmc_theses/1105.

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Currently, the Big Four accounting firms – PwC, EY, Deloitte, and KPMG – dominate the audit oligopoly. Many have raised the question: “Are the Big Four too big or too few to fail?” This paper looks at the history leading up to the establishment of the Big Four, cases since the fall of Arthur Andersen, and empirical evidence on the probability of a Big Four failure to conclude that it is not likely for a Big Four to fail under current circumstances. However, if the Big Four are truly too few to fail, it raises problems of moral hazard in the industry. This paper explores the inclination of the Big Four towards moral hazard by examining the reasons auditors might be less inclined to act in the best interest of financial statement users. In exploring solutions, this paper finds that the best way to ensure auditor’s act in the interest of public investors is to align their financial incentives with independent third parties rather than management or board members.

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Waqas, M. (Mohammad). "Determinants of audit fees :analysis of legal systems & macro-economic determinants." Master's thesis, University of Oulu, 2018. http://urn.fi/URN:NBN:fi:oulu-201811072988.

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This research investigates the effect of macro-economic factors on audit fees in two distinctive communal arrangements which is an addition to the limited amount of literature related to this topic. Auditee and auditor characteristics related variables have been a part of several audit fee research studies unlike the macro-economic variables which are diverse in different settings, for which we wanted to test their effect on the audit remuneration. Following the footsteps of Leuz et al. (2003), investor rights, development of financial markets, concentration of ownership, legal enforcement and level of disclosure are all tested in two cross-country settings by generating one variable called cluster defining the macro-economic characteristics. Considering La Porta et al., (1998), Taylor & Simon (1999), Francis, Khurana, & Pereira (2001), Leuz at al., (2003) Vlek (2008) and Zhan (2012), we assumed that due to the aforementioned characteristics being stronger in common law countries causes the auditors to charge a higher fee. Moreover, it is also hypothesized that auditee and auditor related characteristics maintain a positive relationship when regressed with audit fees, as done in earlier studies. This research takes 2027 firm-year observations listed on both the German and UK stock exchanges from 2010–2016 (specifically those observations for which the audit fee data was represented). The outcome after truncating and conducting a regression analysis clearly showed an influence on audit fees, supporting the previous research studies that distinct common law arrangement causes an upward effect on the audit fees. Lower investor protection laws, level of disclosure, legal enforcement, less developed financial markets and higher concentration of ownership are all associated with code law setting. In addition, an interaction term was formed between leverage and size of the firm, based on an assumption that companies having a bigger brand name, more presence and a higher performance rate around the world can easily obtain financial debt, whether equity related or from banks which does not hold true, showing a negative impact on the audit fees.

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Mo, Songtao. "The Information Content of Audit Opinions in the Post-SOX Era." Cleveland, Ohio : Case Western Reserve University, 2009. http://rave.ohiolink.edu/etdc/view?acc_num=case1244206249.

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Thesis(Ph.D.)--Case Western Reserve University, 2009
Title from PDF (viewed on 2009-11-23) Department of Accounting Includes abstract Includes bibliographical references and appendices Available online via the OhioLINK ETD Center

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Antonets, V. O. "Methodology for Conducting the Audit of Goods." Thesis, Київський національний університет технологій та дизайну, 2017. https://er.knutd.edu.ua/handle/123456789/7782.

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Hsu, Kevin. "The Impact of Independence-Related AAERs on the Provision of Non-Audit Services." Scholarship @ Claremont, 2019. https://scholarship.claremont.edu/cmc_theses/2004.

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This study examines the differences in the provision of non-audit services (NAS) for audit offices that receive SEC Accounting and Auditing Enforcement Releases (AAERs). While prior research examines the links between the provision of non-audit services and impaired auditor independence, less attention has been paid to the contagion effects of independence violations. However, I do not find any evidence of a significant difference in the amount of NAS provided by offices that receive an independence-related AAER, relative to offices that receive other auditor-related AAERs. Broadly, my findings suggest that clients do not differentiate between independence violations and other audit-related violations and that no contagion effect exists for independence violations.

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Yu, Dong Michael. "The effect of big four office size on audit quality." Diss., Columbia, Mo. : University of Missouri-Columbia, 2007. http://hdl.handle.net/10355/4827.

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Thesis (Ph. D.)--University of Missouri-Columbia, 2007.
The entire dissertation/thesis text is included in the research.pdf file; the official abstract appears in the short.pdf file (which also appears in the research.pdf); a non-technical general description, or public abstract, appears in the public.pdf file. Title from title screen of research.pdf file (viewed on October 15, 2007) Vita. Includes bibliographical references.

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Wong, Tak-wing Albert, and 黃德榮. "An evaluation of the impact of value for money audits conducted by theDirector of Audit in Hong Kong." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1995. http://hub.hku.hk/bib/B31964850.

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Šiovič, Michal. "Finančný audit - vybrané metódy a postupy." Master's thesis, Vysoká škola ekonomická v Praze, 2008. http://www.nusl.cz/ntk/nusl-11364.

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This diploma work deals with Continuous audit of financial statements. The goal of this work is to describe chosen methods and procedures of this kind of audit. The first part of the text belongs to the description of laws and rules accordind to financial accounting and financial audit. Procedures and methods used in financial audit are described in the second part of the text. I was able to gain such a knowledge of these procedures and methods while working as an assistant of financial auditor in Cyech Republic. This work should be useful for anyone who is thinking about becoming a financial auditor, or an assistant.

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Williams, Brian. "Financial Accounting Standards, Audit Profession Development, and Firm-Level Tax Evasion." Thesis, University of Oregon, 2016. http://hdl.handle.net/1794/19699.

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In this study I investigate the relation between (1) country-level financial accounting standards and audit profession development and (2) firm-level tax evasion. I investigate this relation using a confidential dataset compiled by the World Bank that provides an estimate of the percent of a firm’s sales reported to the tax authority as well as information on local corruption and economic development. This database includes firms both with and without externally audited financial statements. After controlling for corruption, economic development, rule of law, and other firm, local, and country-level variables I find that firms in countries with more rigorous financial accounting standards and a more developed audit profession evade less tax and that this effect is stronger when firms have externally audited financial statements and thus are more directly influenced by the financial accounting standards and level of audit profession development in their country. These results have important implications for tax authorities and for other policy makers debating whether to dedicate scarce resources to improving their countries’ financial reporting environment.

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Amin, Keval. "Audit Pricing and Strategic Group Analysis in the Public Accounting Industry." Diss., Temple University Libraries, 2014. http://cdm16002.contentdm.oclc.org/cdm/ref/collection/p245801coll10/id/282819.

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Business Administration/Accounting
Ph.D.
Empirical analysis of the public accounting industry has been considerably limited due to lack of data availability. This dissertation proposal leverages a unique dataset of public accounting firms in Korea ranging from 1997 to 2011 to examine the industry's strategic groups and pricing decisions in light of considerable economic forces in a changing environment. I draw upon the theory of strategic groups (Hunt 1972; Caves and Porter 1977; Porter 1980) to distinctly identify strategic groups within the public accounting industry and how group membership explains performance differences. Further, I augment traditional audit fee models (Ferguson et al. 2003, Chaney et al. 2004, and Francis et al. 2005) by incorporating strategic group analysis to show that the relationships between audit fee determinants and audit fees are moderated by auditor strategic group membership.
Temple University--Theses

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WANG, Rui. "Firm ownership, institutional environment, and audit collusion : empirical evidence from a transitional economy." Digital Commons @ Lingnan University, 2008. https://commons.ln.edu.hk/acct_etd/12.

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Motivated by the renewed interest in, but insufficient empirical evidence of, collusion between auditors and corporate management, I examine this issue in the unique environment of China, which is characterized by a high level of government control over listed companies and auditors, strong competition for audit clients, and uneven economic and legal development across the country. In contrast to prior studies, I employ a two-stage regression approach to study the determinants of audit collusion in China. In the first stage, I develop an audit opinion prediction model of Big 4 auditors (viewed as “typical” auditors) that corrects for self-selection bias. I then apply this opinion prediction model to clients of non-Big 4 (local) auditors. I define audit collusion as the discrepancy between the actual opinions that clients of local auditors received and the opinions these clients would have received under similar circumstances had they hired typical auditors (i.e., Big 4 auditors): that is, the predicted opinions. In the second stage, I regress an audit collusion proxy on client and auditor characteristics and institutional variables to detect the determinants of audit collusion in China. Audit collusion depends on the closeness of the relation among three parties – the company owner, the company manager, and the auditor. Prior studies suggest that state-owned enterprises (SOEs) and local auditors have the closest relationship and that their interests are mostly aligned. As audit qualification and client loss are costly for SOE managers and local auditors, respectively, both parties have strong incentives to abide by a self-enforcing collusive agreement. Therefore, I expect audit collusion to occur in SOEs that demonstrate poor firm performance (which could lead to qualified opinions), in listed companies that are characterized by a strong government presence and the audit reports of which are subject to government interference, and when market forces are not strong enough to deter collusive behavior. Using a sample of 4,874 firm-year observations over the 2001-2006 period, I find statistically robust evidence to confirm my hypotheses. Specifically, I find that SOEs in poor financial condition and for which the government is the largest shareholder tend to collude with their auditors. In addition, I find that the relation between non-SOEs (regardless of their financial condition) and audit collusion to be significantly negative, which suggests that the interests of non-SOEs are mostly aligned with the interests of individual investors. Consistent with prior studies, I also find that audit collusion usually occurs in regions in which the underlying institutional features of the market environment are not in place to punish auditors. Prior research generally uses auditor switching to test for the existence of collusive auditor behavior by comparing observed pre- and post-switch audit opinions. As a result, relatively little attention has been paid to the possibility of audit collusion in the absence of auditor switching. Moreover, comparison of observed opinions before and after companies switch auditors is subject to potential self-selection bias, as post-switchers are not randomly assigned to audit firms. The present study overcomes these problems by considering all listed companies (regardless of auditor switching) and using the two-stage Heckman approach to control for self-selection bias. Further, in contrast to most prior research, which uses an analytical model to distinguish honest and dishonest auditor reporting, I empirically test collusion by comparing the difference between the actual opinions that client firms receive and the opinions they would have received had they used independent, higher quality auditors. My results suggest that as long as the interests of the company and the auditor coincide and neither party has an incentive to break the collusive agreement, audit collusion can occur even when auditor switching does not take place. The finding that audit collusion exists in China suggests that government rules and regulations alone are not sufficient to create a healthy audit market. Rather, the government should improve the overall institutional environment through measures such as the reduction of government ownership of firms, withdrawal of the government from involvement in both the stock and audit markets, and development of a credit market and legal environment that deter collusive auditor behavior.

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Adams, Tom. "Does adding accounting expertise matter? A study of audit committees in mergers and acquisitions." Thesis, Temple University, 2016. http://pqdtopen.proquest.com/#viewpdf?dispub=10144436.

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This study examines changes in a company’s audit committee accounting expertise following an M&A transaction. M&A accounting (ASC 805) is complex, nuanced, and error-prone. An M&A also involves significant operational and financial changes for the acquirer, including changes in internal control over financial reporting. Thus, an acquirer’s demand for accounting expertise is likely heightened at the time of an M&A. This study provides the first insights (to my knowledge) regarding the role of accounting experts in the dynamic M&A setting. In a sample of relatively large (on average) M&As, I document that there are financial reporting benefits (reduced likelihood of restatements, higher likelihood of timely goodwill impairments, and smaller allocations of purchase price to in-process research and development) associated with changes/increases in audit committee accounting expertise. Further, my results suggest that changes/increases in audit committee accounting expertise matter more than changes/increases in other types of audit committee expertise (supervisory, industry, and M&A contextual). I document that changes/increases in audit committee accounting expertise are positively associated with accounting and business complexities. Collectively, the evidence suggests that accounting expertise is valuable in the M&A setting. This provides support for the SEC’s definition (in its 2002 proposal, although not in its final 2003 rule) of audit committee financial experts as those with accounting-specific backgrounds (SEC 2002, 2003).

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Nebylicyna, Maria. "Nástroje a techniky auditorské práce." Master's thesis, Vysoká škola ekonomická v Praze, 2012. http://www.nusl.cz/ntk/nusl-162390.

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The objective of this master thesis is to describe tools and methods used in audit practice. The thesis is split into two parts - theoretical and practical. The theoretical part defines and describes external and internal audit and related tools and techniques. The theoretical part was sourced from multiple resources - both literature and online. The practical part was written from an Big4 audit assistant point of view. It describes an external auditor job -testing and analyzing a ficticious client

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Pechanec, Lukáš. "Účetnictví a audit sportovních klubů." Master's thesis, Vysoká škola ekonomická v Praze, 2009. http://www.nusl.cz/ntk/nusl-15413.

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The introduction of my diploma work concentrates on historical development of audit, especially that one in Great Britain.It depicts the legislative adjusting the audit and the novelties of the new Law about auditors which started to be in force in April 2009. The theoretial part captures the account specificities of sport clubs and their occurrence in the world.The auditor's attitude is indicated in the next part focused on speicific problems.The practical part presents the audit of a sport club. A special attention is drawn on a variety of specificities and the auditor's attitude. My diploma work should help the auditor's assistants get familiar with the problems of sport clubs as this topic has seldom beeen published.

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40

Myers, Marla Ann. "A test of the relation between audit technology and the development of expertise." Diss., The University of Arizona, 1992. http://hdl.handle.net/10150/186013.

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The approach typically taken in expertise research has used audit experience as an expertise surrogate, but the nature of "experience" varies among auditors and among firms. One systematic difference in an auditor's experience is the level of "structure" incorporated into the employing firm's audit process. The schemata developed through experience with a structured audit technology may differ from an unstructured technology. It is hypothesized that when performing a task in a "typical" audit situation, auditors experienced with a more structured audit technology will demonstrate higher audit effectiveness compared with auditors who receive less structured audit technology experience. On the other hand, in "atypical" audit situations it is hypothesized that the unstructured firm's experienced auditors will perform better. The experiment used auditors from two Big Six accounting firms: a structured firm and an unstructured firm. The experimental task consisted of two cases. The "atypical" audit case was identical to the typical case except for the inclusion of fraudulent sales. The results support the prediction that in atypical audit situations experienced auditors from unstructured firms perform better than experienced auditors from structured firms. The results indicate that structured firms should consider developing training programs and procedures to ensure that auditors have compensating learning experiences and to provide quality audit service.

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41

Collier, Paul Arnold. "Factors affecting the voluntary formation of audit committees in major UK listed companies." Thesis, University of Exeter, 1994. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.240802.

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The research for this thesis was commenced in 1992 following the completion of the survey of audit committee practices (Collier, 1992). The thesis comprises a general study of audit committee practices in major UK companies and in particular investigates the factors affecting the voluntary fonnation of audit committees by these companies. The study covers a JX>pulation which is defined as UK listed companies which are included in the top 250 of the Times 1000. The research began with a literature review which focused on the development of audit committees, their nature and fonn and factors involved in their formation. In the second stage a questionnaire was developed to gather information on the motives for having an audit committee. audit committee practices and other matters. The data collected enabled the resJX>ndents to be grouped in companies in the JX>pulation which had voluntarily formed an audit committee as defined for the research and those who had not. Given this background information the research investigates the proJX>sition that there are differences between companies which have voluntarily formed audit committees and those which have not. Testable hYJX>theses were derived initially from agency theory using variables that have been found to be significant in studies of voluntary accounting JX>licy choices. The premise was that audit committees may be viewed as voluntarily formed monitoring mechanisms, which have been established in situations where there is a separation of ownership and control. An audit committee will be fonned provided the associated costs of of an audit committee are lower than the agency costs associated with weaker monitoring. Therefore, the pressure for the formation of audit committees will be greatest in high agency cost situations. The variables identified as measures of the agency cost relationships are the proportion of non-managerial ownership, gearing. asset structure and size. The impact of board structure, choice of auditor, the use of internal audit and industrial classification are also examined. The hypotheses were tested using univariate and multivariate approaches applied to datasets established for 1991 and 1987. The univariate tests involved parametric and non-parametric methods, while multivariate testing involved the use of Logit analysis to overcome multi-collinearity problems amongst the variables. The results of univariate and multivariate tests revealed statistically significant differences between the two groups for variables representing (i) agency costs of equity Gi) agency costs of debt and (iii) director pressure to reduce information asymmetries. These effects were found to have existed in both 1991 and 1987, and to be relevant in explaining why companies formed an audit committee during this period.

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42

Skomra, Justyna. ""The Impact of SEC Comment Letters and Short Selling on the Demand for Audit Quality"." Kent State University / OhioLINK, 2018. http://rave.ohiolink.edu/etdc/view?acc_num=kent1524152243954506.

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43

Kubelková, Ivana. "Audit podniku a kreativní účetnictví." Master's thesis, Vysoká škola ekonomická v Praze, 2012. http://www.nusl.cz/ntk/nusl-150244.

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The contemporary generation lives in a modern globalized world that comes through the economic recession last few years. Just this recession often forces management of the companies to modify achieved financial results to meet the expectations of the owners. External auditors provides to the owners level of confidence, that the submitted financial statements respect the principle of truth and fair view of accounting and that the owners can rely on the financial information. The main objective of this thesis is to explain the role of the external audit and audit procedures performed. It contains theoretical and practical part. The attention is focused on the 4th stage of the audit -- substantive and control testing. The paper also contains practical advises for users of financial statements. I also tried to clarify the concept of creative accounting practice and its basic methods.

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Agbara, Abdelmeneim Hassan. "An investigation into audit quality in Libya." Thesis, University of Gloucestershire, 2011. http://eprints.glos.ac.uk/3267/.

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There are a number of audited companies in Libya which have gone into bankruptcy between 1995 and 2005. Therefore, there is a significant question about the audit quality situation in Libya. There is not itself much research about audit quality in Libya. In particular, there is not much research that has tried to measure audit quality in Libya. This study is an attempt to pursue further some of the issues around financial audit quality in Libya. Secondary data analysis presents observations of Libyan companies from 2006 to 2009 to measure discretionary accruals. It applies an appropriate type of statistical method, to identify accruals and then examine the type of audit opinion related to these statements. Findings indicate that there is earnings management in almost all financial statements. The findings divided all companies into 113 positive andl40 negative discretionary accruals. In addition, Findings indicate that auditors of the agency and auditors working for him/her self issued in general 85.7% unqualified (clean) audit opinion for financial statements that have earnings management, and 11% modified audit opinion. The results answer the first question in this study about the level of audit quality in Libya: audit quality level in Libya is low. The semi-structured interviews support finding of the secondary data analysis, that is the level of audit quality in Libya is low. Also findings indicate that in Libya there are some fundamental elements which themselves are insufficient to deal to develop audit quality. Furthermore, the Libyan audit context suffers from some obstacles and problems that prevent the development of audit quality.

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Berberich, Gregory. "The Effects of Audit Methodology and Audit Experience on the Development of Auditors? Knowledge of the Client?s Business." Thesis, University of Waterloo, 2005. http://hdl.handle.net/10012/740.

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This dissertation examines how differences between the strategic-systems audit approach and the traditional, transaction-based audit approach affect the content and complexity of client business knowledge in long-term memory, how these mental representations develop with experience, and how the representations affect risk assessment. Knowledge of the client?s business is essential to conducting an effective and efficient audit, but researchers have devoted little attention to how this knowledge is represented in memory and what effect it has on audit judgment. Moreover, proponents of the strategic-systems approach argue that this approach leads to the formation of a more-complex client business model and results in better audit judgments than the transaction-based approach. The study?s results contradict these claims, with the strategic-systems auditors having less-complex models than their TBA counterparts. Also, no experience-related differences were found in the client models, and risk assessments were only weakly affected by content and complexity differences between client models. After a variety of supplemental analyses, it was concluded that there is no evidence from this dissertation to suggest that the SSA methodology does not result in an auditor possessing an enhanced knowledge of the client?s business compared to that possessed by an auditor employing a traditional audit approach.

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Shah, Latisha. "Institutional Ownership in Relation to the Mandatory Audit Firm Rotation Rule and its Effect on Audit Quality." Scholarship @ Claremont, 2018. http://scholarship.claremont.edu/cmc_theses/1878.

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Previous studies have concluded that mandatory audit firm rotation (MAFR) has not been successful in controlling the outcomes of the auditor-client relationship. Additionally, the literature concludes that high institutional ownership enhances audit quality through monitoring the management-auditor relationship. This paper hypothesizes that better corporate governance in terms of high institutional ownership percentage will enhance audit quality during a MAFR regime. Since countries that have implemented MAFR in the past have their data in their local languages, I use the special case of Arthur Andersen clients based in the US as my treatment group. I carry out a descriptive statistical analysis and run linear OLS regressions with discretionary accruals as a proxy for audit quality as my dependent variable. Results suggest that the percentage of institutional ownership does not have a significant impact on audit quality in a MAFR regime.

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47

Sithubi, Ropfiwa. "The positioning and suitability of the internal audit function to perform the assessment of organisational culture." Master's thesis, Faculty of Commerce, 2021. http://hdl.handle.net/11427/34002.

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This study sets out a qualitative assessment of the positioning and suitability of the Internal Audit Function (IAF) to perform the assessment of organisational culture within their entities. Literature relating to management science, social psychology and the Internal audit profession was analysed prior to conducting interviews with Chief Audit Executives (CAEs) and Audit Committee Chairpersons across various industries and sectors, to determine their perspectives on: 1. Establishing the definition of organisational culture. 2. Identifying what the key drivers of organisational culture are for the various organisations and assessing how it compares to theoretical framework(s) identified. 3. Determining the characteristics of the IAF that will determine whether or not the IAF is in a position to carry out these assessments. The results show varying perspectives on the definition of organisational culture, pointing to the complexity that is inherent in the process of defining culture. Participants identified key drivers of organisational culture within their organisations which were in line with those identified in the theoretical framework(s) identified, and further identified additional factors that they viewed as resulting in an impact on organisational culture. The results also point to the independence of the IAF placing them in a suitable position to perform the assessment of organisational culture, however, the background education and training they currently undergo is perceived not to provide the suitable skills to perform the assessment of organisational culture.

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Pernica, Ivo. "Audit majetku vybraného podniku." Master's thesis, Vysoké učení technické v Brně. Fakulta podnikatelská, 2016. http://www.nusl.cz/ntk/nusl-241398.

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The thesis is focused on the audit of the financial statements especially to the part of assets. The theoretical part describes the general characteristics of the audit, specifies selected areas of financial statement audit and defines accounting issues of fixed assets and inventory. The second part describes application process of auditing activities in a field of assets in a particular company. From the identified deficiencies are suggested recommendations which are focused to inventory valuation and depreciation of fixed assets.

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Suh, Ik Seon. "The effects of audit committee financial accounting expertise and recognition versus disclosure on chief audit executives' tolerance for financial misstatements /." Available to subscribers only, 2009. http://proquest.umi.com/pqdweb?did=1791777381&sid=2&Fmt=2&clientId=1509&RQT=309&VName=PQD.

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Thesis (Ph. D.)--Southern Illinois University Carbondale, 2009.
"School of Accountancy." Keywords: Audit committee, Financial accounting expertise, Internal auditors, Misstatements, Power, Recognition vs. disclosure, Accounting expertise, Financial misstatements. Includes bibliographical references (p. 128-144). Also available online.

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Suh, Ikseon. "The Effects of Audit Committee Financial Accounting Expertise and Recognition versus Disclosure on Chief Audit Executives' Tolerance for Financial Misstatements." OpenSIUC, 2009. https://opensiuc.lib.siu.edu/dissertations/281.

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The present study examines and finds that internal auditors, particularly Chief Audit Executives, recognize financial accounting expertise as a significant base of audit committee (AC) power in the financial reporting process. However, such an AC expertise (i.e., financial accounting expertise) does not "counterbalance" internal auditors' perceived dependency on management or influence their decisions to monitor financial reporting quality. Instead, the cost-benefit analysis affects their decisions: (1) benefits of staying resolute to monitor financial reporting quality (i.e., "psychological empowerment"), and (2) costs of potential adverse reactions of management who exerts power over the internal audit. In addition, this study examines and finds that the financial reporting location (recognition vs. disclosure) has significant impacts on both internal audit reporting decisions and decisions to correct misstatements. Specifically, internal auditors' tolerances for disclosed misstatements reveal that they also feed the "vicious circle" of reliability expectations as external auditors do in a prior study (Libby, Nelson and Hunton, 2006).

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Dissertations / Theses on the topic 'Accounting and audit'

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