Reaching key financial reporting decisions how directors and auditors interact
The regulatory framework for financial reporting, auditing and governance has changed radically in recent years, as a result of problems identified from the Enron scandal and more recently from the drive to implement global standards. In a key regulatory change, a company audit committee is now expe...
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| Otros Autores: | , |
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Chichester, West Sussex, United Kingdom :
John Wiley & Sons
2011.
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| Edición: | 1st edition |
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009629360806719 |
Tabla de Contenidos:
- Reaching Key Financial Reporting Decisions : How Directors and Auditors Interact; Contents; List of Figures; List of Tables; Foreword; Preface; Acknowledgements; Abbreviations; PART I THE BACKGROUND; 1 Introduction and Background; 1.1 What This Book is About; 1.2 Recent Regulatory Changes; 1.3 Contribution of This Book in the 2010/2011 Regulatory Environment; 1.4 Research Approach; 1.5 Outline of Book; 1.6 Key Findings and Conclusions; 2 Review of Relevant Literature; 2.1 Overview; 2.2 Regulation; 2.2.1 Regulation Theory; 2.2.2 Regulatory Policy and Structures
- 2.2.3 International Standards on Auditing (ISAs)2.2.4 Ethical Standards for Auditors; 2.3 IFRS; 2.3.1 Rules versus Principles Debate; 2.3.2 Complexity Debate; 2.3.3 New Business Reporting Models; 2.4 Audit Quality; 2.4.1 Definition of Audit Quality; 2.4.2 Audit Quality Research; 2.4.3 Non-Audit Services; 2.4.4 Auditor Tenure; 2.4.5 Individual Audit Partner Effects; 2.4.6 Survey Research; 2.5 Enforcement; 2.5.1 The FRRP; 2.5.2 Audit Firm Review and Inspection; 2.6 Corporate Governance and the Role of the Audit Committee; 2.6.1 General Evolution of Audit Committees
- 2.6.2 The UK Corporate Governance System 2.7 Interactions and Negotiation in Non-Audit Settings; 2.7.1 Theory; 2.7.2 Empirical Studies; 2.8 Interactions and Negotiation in Audit Settings; 2.8.1 The Audit Setting; 2.8.2 Archival Studies Using Public Data; 2.8.3 Experimental Studies; 2.8.4 Questionnaire Studies; 2.8.5 Interview Studies; 2.8.6 Link Between Audit Committee and Financial Reporting Quality; 3 The Survey; 3.1 Overview; 3.2 Methods; 3.3 Findings; 3.3.1 Background Characteristics of the Companies; 3.3.2 Audit Committees Characteristics; 3.4 Interaction Issues
- 3.5 Financial Statement Changes 3.6 Summary; PART II THE CASE STUDIES; 4 Case Studies; 4.1 Introduction to the Case Studies; 4.2 How the Case Companies were Selected and Approached; 4.3 Broad Approach to the Grounded Theory Analysis; 4.4 Writing Up Each Case (Matched Set of Interviews) -The Stories; 4.5 Preliminary Within-Case Analysis: Attaching Labels to the Key Categories; 4.5.1 Labeling the Concepts Described in the Stories; 4.5.2 Preliminary Analysis of Context; 4.5.3 The Interactions; 4.5.4 The Outcomes; 4.6 Within-case Analysis; 4.7 Tabular Summary of Cases; 5 Case 1-Sandpiper plc
- 5.1 Background to the Case 5.2 Corporate Governance; 5.2.1 Attendees at the Audit Committee; 5.2.2 Cycle of Meetings; 5.2.3 The Chairman's Management of the Audit Committee and Key Relationships; 5.2.4 The Nature of the Relationship; 5.2.5 Satisfaction with Auditors and Partner Changes; 5.3 Key Interactions Between Stuart, Duncan and Patrick; 5.3.1 Audit Fees; 5.3.2 The Accounting Treatment of Costs Associated with a Major Change in the Company's Computer System; 5.3.3 Re-Organization Costs; 5.3.4 Inventory Provisions; 5.3.5 Dividends from Subsidiaries; 5.3.6 Pension Liabilities
- 5.4 Contextual Factors and Analysis of the Interactions
