Managerial Auditing Journal: Volume 18 Issue 6/7

Enronitis – dispelling the disease

“Enron” has become less the name for a company than a shorthand for mammoth abuse of financial reporting and corporate governance of a variety so egregious as to be almost…

An exploratory study of adopting requirements for audit committees for non‐US commercial bank registrants: an empirical analysis of foreign equity investment

This study examines whether the presence of audit committees for US commercial bank registrants (SEC Form 10‐K filers) significantly affects the likelihood of adoption by certain…

Developing a strategic internal audit‐human resource management relationship: a model and survey

Presents a model for analyzing the potential for value creation of the internal audit (IA) function, the human resource management (HRM) function, and the IA‐HRM pairing. A survey…

Underreporting and premature sign‐off in public accounting

This study uses the ethical decision‐making model to examine underreporting and premature audit sign‐off in public accounting. Structural equation modelling results indicate that…

Internal auditors and the external audit: a transaction cost perspective

Questions exist regarding the extent to which internal auditors should participate in the external audit, and wide variations are observed in practice. Many professional bodies…

The Mad Hatter’s corporate tea party

This paper aims to provide an insight into the corporate greed and consequent corporate collapses of companies such as HIH, One.Tel and Harris Scarfe in Australia, while…

Credibility and expectation gap in reporting on uncertainties

This paper analyzes and reports on studies that examine the extent to which international auditing boards have accomplished the goal of reducing the expectation gap in reporting…

Improving corporate governance: the role of audit committee disclosures

An increasing number of earnings restatements along with many allegations of financial statement fraud committed by high profile companies (e.g. Enron, WorldCom, Global Crossing…

Users’ perceptions of corporate social responsibility and accountability: evidence from an emerging economy

This study sets out to investigate the perception of different users of corporate information about the notion of the accountability process and the possibility of widening the…

The usefulness of the audit report in investment and financing decisions

The usefulness of the auditor’s report is sometimes called into question, the validity of the information it contains for users when making decisions therefore being criticized…

Auditing in support of the integration of management systems: a case from the nuclear industry

Integration of function‐specific management systems in organizations is rapidly becoming a topic of interest for managers and auditors alike. This is mainly due to the…

Current accounting investigations: effect on Big 5 market shares

Arthur Andersen’s conviction and its decision not to audit public firms will transform the Big 5 into the Big 4. Meanwhile, other Big 4 firms face investigations that threaten…

The efficacy of liquidation and bankruptcy prediction models for assessing going concern

Recent research questions whether bankruptcy is the best proxy for assessing going concern since filing for bankruptcy is not synonymous with the invalidity of the going concern…

Are auditors sensitive enough to fraud?

This study investigates how auditors alter their audit program decisions in response to an increased likelihood of fraud risk. A total of 48 auditors from one Big 5 CPA firm were…

Users’ perceptions of various aspects of Kuwaiti corporate reporting

In this study an attempt is made to provide empirical evidence on the usefulness of different aspects of the annual report to various Kuwaiti user groups. To do so, eight Kuwaiti…

Opinion Shopping and the Role of Audit Committees when Audit Firms are Dismissed: the US Experience