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Audit Firm Culture: Recent Developments and Trends in the Literature

In a recent study, forthcoming in the European Accounting Review (EAR) Special Issue on Literature Reviews in Accounting, Cristina Alberti, Olof Bik, Ann Vanstraelen and Jean C. Bedard synthesize research in high quality journals from 2008-2019 relating to organizational culture in audit firms, and provide suggestions for future research.   Strengthening audit firm culture has become a key area of attention. Numerous reports of regulators and standard setters (e.g., International Auditing and Assurance Standards Board, IAASB,…
ARC Commitee
ARC Commitee
3 min read
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1233

EAA SRC ‘In Conversation with…’ a webinar series beginning in 2021

What is happening in the non-financial world? How can academics, practitioners, businesses and policy-makers join forces to address these changes together? The Stakeholder Reporting Committee (SRC) is pleased to invite you to the “In Conversation with…” webinars series. The aim of these webinars is to provide a platform through which we can share insights on the current and future agenda related to non-financial performance measurement and reporting issues. We will start in January 2021. The…
ARC Commitee
ARC Commitee
2 min read
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193

Is Neuroaccounting Taking a Place on the Stage? A Review of the Influence of Neuroscience on Accounting Research

In a 2012 essay, Birnberg and Ganguly asked, ‘Is neuroaccounting waiting in the wings?’ They describe how, before the turn of this century, economists began research collaborations with both psychologists and neuroscientists to understand economic decision-making on physical and neuronal levels, giving rise to a field called ‘neuroeconomics.’ The goal of these collaborations was, and still is, to use methodologies that capture physical responses to stimuli to provide new insights into the cognitive processes underlying…
ARC Commitee
ARC Commitee
5 min read
0
452

Accounting Education Futures, a Post-Pandemic Provocation

This was the title of the first online seminar organized by the EAA’s Educational Committee on Monday 14th December, with almost three hundred colleagues registered based in 50 different countries (68% Europe, 13% Asia, 6% Australia/NZ, 6% North America, 4% South America, 2% Africa). We sparked an open conversation around the future of Accounting Education, by bringing insights from colleagues in our worldwide community having complementary perspectives. We are grateful to Emmanuelle Le Nagard (ESSEC,…
ARC Commitee
ARC Commitee
2 min read
0
468

BDO Accounts for Most New LSE Audit Clients in 2019

This analysis was originally posted by Audit Analytics.   Audit Analytics has recorded 217 auditor departures in 2019 by companies listed on the London Stock Exchange (LSE), including the Alternative Investment Market (AIM). BDO, once again, led the way netting 29 new audit clients of LSE- listed companies. Ernst & Young and RSM UK also saw more engagements than departures, netting 16 and 12 new audit clients, respectively. Overall, there were 218 engagements and 217 departures…
Jessica McKeon
Jessica McKeon
2 min read
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377

Sustainable development is too important for self-interest and political posturing

by Carol Adams and Charles H. Cho (this article was first published here in Responsible Investor on December 14, 2020) In their Green Paper Richard Barker and Robert Eccles claim to contribute, in a “neutral way”, to the ongoing debate on sustainability reporting standards and who should set them. We are not neutral. We believe that sustainable development issues are urgent, complex and that they present an existential threat to people and planet. Unless they are addressed, no one will be around…
CHARLES CHO
CHARLES CHO
6 min read
0
323

Monitoring the Audit Market in Europe

This analysis was originally posted by Audit Analytics. Audit Analytics recently released a new report, Monitoring the Audit Market in Europe. Using our extensive databases, our analysts compiled this timely report which examines the impacts of the European Commission’s 2014 Audit Directive and Audit Regulation. These two pieces of legislation were adopted in response to concerns identified in the audit process following the financial crisis of the late 2000s and early 2010s. The legislation sought to fundamentally revamp the audit…
Jessica McKeon
Jessica McKeon
5 min read
0
350

Why consider using quantile regression in your research

Why consider using quantile regression in your research In graduate school, we were taught about the nice properties of the coefficients estimated with the ordinary least square (OLS) regression model: They are BLUE (best linear unbiased estimators). (Note:  The ‘best’ in BLUE refers to the sampling distribution having the minimum variance, i.e., most efficient.) If normality is additionally assumed on the disturbance term, then the estimated coefficients are also normally distributed, allowing hypotheses on them…
Andrew Yim
Andrew Yim
3 min read
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2054

From Governing to Managing: Exploring Modes of Control in Private Equity Relationships

Despite the economic significance of private equity (PE) firms, there has been limited investigation into the control mechanisms they implement to manage relationships with their portfolio companies. Through a comparative field study, we describe the role and characteristics of controls implemented by PE firms and the contextual factors associated with the relative importance of different control mechanisms. Evidence shows that control mechanisms play an important role in directing the actions of portfolio companies and that…
ARC Commitee
ARC Commitee
< 1 min read
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1593

Where the integrated reporting begins? – following the Global Events 2020

During the recent events organised by EAA, IFRS, IIRC, the main issues raised by speakers go in line with the global needs for sustainable development as a one of the key challenges. Broader value creation, how companies can contribute to our future, evolution of the concept of materiality &#8211; these are the key issues to address nowadays by business society. The world is rapidly switching from Traditional to Integrated Reporting and therefore we will no…
ANNA VYSOTSKAYA
ANNA VYSOTSKAYA
3 min read
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1149
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