Auditor Incentives and the Structure of the Audit Market   A Basic Model for Investigating Simultaneous Effects of Audit Market Regulations

Bleibtreu, Christopher; Stefani, Ulrike

doi:10.2139/ssrn.3059570

Cited by 2 publications

(3 citation statements)

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“…Project management activities are the main line, and project funds are the economic conclusions generated by project management activities. From the traditional audit around the generation of the eight major expenses of scientific research project management to the audit of the whole business flow that generates the eight major expenses, this has higher value for the analysis of audit causes and the traceability of problems [4].…”

Section: Introductionmentioning

confidence: 99%

Research on Risk Oriented Digital Audit Path of Scientific Research Projects

Zhu¹

2022

Proceedings of the 2022 3rd International Conference on Management Science and Engineering Management (ICMSEM 2022)

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In order to strengthen the audit supervision of scientific research project management, resolve the organizational planning difficulties faced in scientific research project audit, improve the audit coverage and accuracy of audit implementation, establish scientific, unified and standardized audit workflow and standards, and create higher audit value. This paper is risk oriented, starts with the whole process of scientific research project audit. It firstly establishes a matrix audit model, closely focuses on the high-risk areas and key management links of various business flows involved in scientific research projects, accurately benchmarkes. Then, it completes the exploration of the digital audit path of the whole process of scientific research projects, forms a standard operating process, completes the project tasks. Finally, it finds problems and puts forward suggestions, which is of great significance to improving the risk prevention and control and self construction ability of scientific research projects. It plays a good role in promoting independent research and development capability. Through practice and timeliness management requirements, this paper enlightens the thinking of risk oriented agile audit mode for scientific research projects. It has a good reference value for relevant aviation manufacturing enterprises to carry out scientific research project management audit or self construction.

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Section: Introductionmentioning

confidence: 99%

Research on Risk Oriented Digital Audit Path of Scientific Research Projects

Zhu¹

2022

Proceedings of the 2022 3rd International Conference on Management Science and Engineering Management (ICMSEM 2022)

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“…After the financial crisis during 2007-2008, there was a discussion about how to improve financial system stability and rebuild market confidence in the audit profession after many cases of audit violations occurred, including the Enron and Arthur Anderson cases. Bleibtreu and Stefani (2018) said that there are two things that concern the regulator, namely audit firm rotation and audit market concentration. Regulations regarding the obligation to rotate public accounting firms are expected to increase auditor independence because auditors must be replaced periodically, thus auditors are not too familiar with clients so that more independence and audit quality can be maintained (Dao, Mishra & Raghunandan 2008;Davis, Soo & Trompeter 2009).…”

Section: Introductionmentioning

confidence: 99%

“…The second concern refers to the high level of audit market concentration. In the regulatory debate, a high level of market concentration is considered critical, because the collapse of one of the Big 4 can have adverse Jurnal Pengurusan 57(2019), Galley Proof ISSN 0127-2713 and MyCite Indexes consequences on the availability of suppliers of audit services and on financial system stability (Bleibtreu & Stefani 2018). In addition, there are concerns that when the market is oligopolistic, audit quality will be low due to lack of auditor choice and low level of competition.…”

Section: Introductionmentioning

confidence: 99%

The Impact of Audit Market Concentration on Audit Quality: Evidence from Indonesia

Clarina¹,

Fitriany²

2019

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This study examines the impact of audit market concentration on audit quality when regulation about mandatory audit firm rotation are applied in Indonesia. This study used 2,578 firm-years of data from nonfinancial companies listed on the Indonesia Stock Exchange (IDX) during 2008-2015. Audit quality was measured by discretionary accruals and abnormal working capital, and market concentration was calculated by the Herfindahl-Hirschman Index. The study found that market concentration decrease the accrual discreationer and improves audit quality. This outcome is likely because auditors experience in a particular industry have a better understanding of industry risk and will thus undertake better audit planning and procedures that tend to improve audit quality. So, regulators need to encourage public accounting firms to specialise in specific areas and have better knowledge of the industry to make audit quality better.

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Auditor Incentives and the Structure of the Audit Market A Basic Model for Investigating Simultaneous Effects of Audit Market Regulations

Cited by 2 publications

References 0 publications

Research on Risk Oriented Digital Audit Path of Scientific Research Projects

Research on Risk Oriented Digital Audit Path of Scientific Research Projects

The Impact of Audit Market Concentration on Audit Quality: Evidence from Indonesia

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