NON-AUDIT SERVICES, AUDIT QUALITY, AND FINANCIAL STATEMENT RESTATEMENTS: EVIDENCE FROM CHINESE LISTED COMPANIES DOI Open Access
Fang Wang, Mohd Mohid Rahmat

Asian Journal of Accounting and Governance, Journal Year: 2023, Volume and Issue: 20

Published: Oct. 1, 2023

This study examines the relationship between provision of non-audit service (NAS) and financial statement restatements (FSR) among companies in China. Concerns were raised that NAS to same audit clients is more likely result a restatement statements. also tests direct moderating effect quality (AQ), measured as Big 4 Local Top-10 on The China localization policy international firms increases importance exploring impact FSR. analyzes sample 13,676 observations for period 2010 2021 from China-listed companies. found was restate statements, which consistent with belief compromises independence. finds reduce potential FSR but no evidence derived firms. Nevertheless, interaction AQ, either or did not weaken results have aroused thinking practitioners, where they need limit their investment remain AQ. study’s contribution novel demonstrate AQ management listed Keywords: Non-audit services; AQ; restatements; China; fee

Language: Английский

Audit committee effectiveness, audit quality and earnings management: evidence from Ghana DOI Creative Commons
Isaac Bawuah

Cogent Business & Management, Journal Year: 2024, Volume and Issue: 11(1)

Published: Feb. 29, 2024

The paper investigates the effect of Audit Committee Effectiveness (ACE) on Earnings Management (EM) and consequently examines whether audit quality (Big4) can moderate link between ACE EM in Ghana. First, study uses panel data from 25 non-financial firms Ghana, employs fixed-effect (FE) Two-stage Least-squares (2SLS) regression methods. Second, evidence shows that (AC independence, AC size meetings) constrain with being stronger for independence. Thus, tend to report lower earnings management. Third, further analysis reveals combined effects Big4 independence are than alone. This suggests negatively moderates EM. Finally, leverage, profit, cash flow firm affect

Language: Английский

Citations

5
The auditors and the media as central actors in accounting fraud and scandal DOI
Domenico Campa, Aziza Laguecir

Critical Perspectives on Accounting, Journal Year: 2025, Volume and Issue: unknown, P. 102787 - 102787

Published: Jan. 1, 2025

Language: Английский

Citations

0
Evaluating the paradox of whistleblower protections: how explicit safeguards influence reporting behavior among independent auditors DOI
Marília Augusta Raulino Jácome, Ingrid Laís de Sena Costa, Wenner Gláucio Lopes Lucena

et al.

Academia Revista Latinoamericana de Administración, Journal Year: 2025, Volume and Issue: unknown

Published: March 27, 2025

Purpose This study aims to examine the paradoxical effects of explicit whistleblower protection mechanisms on auditors’ propensity report unethical conduct in audit firms. Specifically, it seeks determine whether these protections, while intended foster ethical reporting, inadvertently suppress whistleblowing due perceived risks career progression. Design/methodology/approach employed a rigorous experimental design. It involved 561 auditors systematically assigned 1 4 distinct scenarios, each featuring varying degrees protection. Advanced statistical techniques, including Analysis Variance (ANOVA) and ordered logistic regressions, were used robustly evaluate relationship between protections likelihood reporting misconduct. Findings uncovers counterintuitive outcome: rather than encouraging whistleblowing, may diminish willingness behavior. The results indicate that when are emphasized, perceive more career-related reduce intentions. These findings underscore necessity nuanced approach developing policies. Practical implications provide actionable insights for firms crafting policies promote highlights importance designing mitigate without unintentionally deterring whistleblowing. Originality/value significantly contributes literature by challenging assumption invariably reporting. offers novel perspective intricate dynamics protective measures decision-making, advancing our understanding how such function professional practice.

Language: Английский

Citations

0
Denunciation and resistance in post-crisis sensemaking DOI Creative Commons
Matthew Bamber,

John Kurpierz,

Alexandra Popa

et al.

Critical Perspectives on Accounting, Journal Year: 2024, Volume and Issue: 99, P. 102720 - 102720

Published: Feb. 15, 2024

Many stakeholders require some form of post-crisis sensemaking to help them better understand what happened, and why. Through this lens, we review public inquiry oral evidence sessions with the incriminated company leaders from three major business failures in UK. While stated objective these inquiries was 'learn lessons', mobilize Harold Garfinkel's writings on ceremonies degradation offer an alternative perspective. We identify discuss strategies employed by denouncers intended lower targets' identities social order. find that frequently rely accounting-oriented challenges. Following this, explore leaders' responses as they attempt resist denunciation. four key resistance strategies: reframing, recalibration, refocusing, blame-shifting/-sharing. As part their response, denounced provide own counter-explanations, emphasising choices were consistent professional norms. implications findings mean for management maintenance order wake a financial scandal. Specifically, point inherent ambiguity built into established accounting norms which become battleground fight preservation (or ritual destruction) target's identity.

Language: Английский

Citations

2
The effect of non-audit services on audit quality DOI Creative Commons
Sadiq Oshoke Akhor,

Uwadiah John Oroboh,

Ajueyitse Martins Otuedon

et al.

Corporate Governance and Organizational Behavior Review, Journal Year: 2023, Volume and Issue: 7(4, special issue), P. 326 - 333

Published: Jan. 1, 2023

Audit quality (AQ) is value-relevant if the information capable of making a difference in decisions taken by various stakeholders. Therefore, provision non-audit services (NAS) to clients, and auditors can create economic bonding self-review threats that compromise independence AQ (Friedrich & Quick, 2023). The study investigates effects NAS on Nigerian insurance industry. ex-post facto research design was adopted data were sourced from annual reports 22 companies listed Exchange Group (NGX) between 2015 2020 sampled through filtering method. used descriptive statistics, correlation matrix, binary regression techniques test formulated hypotheses. made use logistic econometric approach because dependent variable dummy assuming value “1” “0”. In agreement with Pappert Quick (2022), results revealed NAS, audit fees, firm size significantly affect industry, while auditor tenure had an insignificant effect AQ. recommended should be strengthened monitored align list are not prohibited rendering client.

Language: Английский

Citations

4
Decoding Success in IT projects: a Multi-Stakeholder Perspective DOI Creative Commons
Haider Ali

Deleted Journal, Journal Year: 2024, Volume and Issue: 5(1), P. 71 - 91

Published: March 30, 2024

Purpose–This study evaluated how effectively key stakeholders (project managers, team members, and clients) could predict I.T. project success. Every stakeholder had an independent perspective on the project's success, which made it possible to evaluate success by considering all stakeholders' points of view. Study Design/Methodology/Approach–Two focus groups studied teams, clients determine The focused assessing from various perspectives. Five six different sectors with personal experience in projects participated that study. Findings – results suggested successful met business goals, improved operational efficiency, produced significant returns investments depended upon communication teamwork, equal participation stakeholders, would be improved. Practical Implications research implications for management strategies are organizations enhance their capacity work together achieve goals incorporating multiple This approach promoted creativity encouraged IT solutions aligned objectives. Originality/Novelty Project managers monitored execution balance corporate technology demands. teams high-quality deliverables communicated well overcome difficulties. Clients preferred company objectives, provided ROI.

Language: Английский

Citations

0
Comments on recent International Ethics Standards Board for Accountants Exposure Drafts regarding sustainability assurance and the use of external experts DOI Creative Commons
David Hay, Noël Harding, Nives Botica Redmayne

et al.

Accounting and Finance, Journal Year: 2024, Volume and Issue: unknown

Published: July 12, 2024

Abstract We commend the International Ethics Standards Board for Accountants initiative in releasing two related Exposure Drafts regarding sustainability assurance and use of external experts. There is a need over information, that to be provided by professional people who have appropriate guidance on ethical issues. an increasing draw work experts possibility inappropriate reliance accountants practitioners may threaten compliance with fundamental principles code ethics.

Language: Английский

Citations

0
Exploring Stakeholder Perspectives on a Hybrid Model for Public Sector Financial Audits DOI
Herman van Brenk, Tjerk Budding, Remko Renes

et al.

Published: Jan. 1, 2024

Language: Английский

Citations

0
Audit consulting: EU practice DOI Open Access
Kostiantyn Bezverkhyi, Natalіia Poddubna

Foreign Trade Economics Finance Law, Journal Year: 2024, Volume and Issue: 135(4), P. 128 - 144

Published: Sept. 5, 2024

The dynamism of globalization processes, constant changes in legislation, the existence variability, and sometimes contradictions interpretation legislation standards regulating accounting, reporting auditing, are real challenges facing both domestic foreign businesses. In such conditions, professional assistance establishing business processes an economic entity, carrying out its optimization transforma-tional changes, assessing managing risks is integral part stability sustainable development. Audit consulting, as one separate types activity subjects audit activity, precisely necessary effective tool that helps businesses quickly navigate adapt to a dynamic environment. This why consulting becoming important lever for supporting enterprises achieving their goals ensuring financial stability. aim study reveal essence, purpose, objectives develop theoretical founda-tions considering international experience implementation practice. information base article were works scientists field auditing entities search alternative ways increase value society whole. During research, general scientific special methods used: generalization grouping, formalization, analysis synthesis; logical results. authorʼs approach revealing conceptual basis construction reality has been formed. process providing organi-zations with advice on issues related transactions, reporting, tax management decisions. based compliance certain principles ensure efficiency, reliability objectivity services clients. inevitable prospect, development may be task firms auditors working this field.

Language: Английский

Citations

0
NON-AUDIT SERVICES, AUDIT QUALITY, AND FINANCIAL STATEMENT RESTATEMENTS: EVIDENCE FROM CHINESE LISTED COMPANIES DOI Open Access
Fang Wang, Mohd Mohid Rahmat

Asian Journal of Accounting and Governance, Journal Year: 2023, Volume and Issue: 20

Published: Oct. 1, 2023

This study examines the relationship between provision of non-audit service (NAS) and financial statement restatements (FSR) among companies in China. Concerns were raised that NAS to same audit clients is more likely result a restatement statements. also tests direct moderating effect quality (AQ), measured as Big 4 Local Top-10 on The China localization policy international firms increases importance exploring impact FSR. analyzes sample 13,676 observations for period 2010 2021 from China-listed companies. found was restate statements, which consistent with belief compromises independence. finds reduce potential FSR but no evidence derived firms. Nevertheless, interaction AQ, either or did not weaken results have aroused thinking practitioners, where they need limit their investment remain AQ. study’s contribution novel demonstrate AQ management listed Keywords: Non-audit services; AQ; restatements; China; fee

Language: Английский

Citations

0