logo
logo

Latest Blogs

VARS with Carlos Larrinaga

And with today, we can say that the VARS is definitely a success. With more than 200 registrations, today’s seminar was a fascinating story about “Early modern accounting and the emergence of the administrative state”. Carlos Larrinaga took us back to the 16th century, in Castilia, during a time in which the Spanish empire was reaching unprecedented extension. Using a governmentality perspective, Carlos’s presentation illustrated the programs of centralization of the Castilian monarchy. He explained the…
GIOVANNA MICHELON
GIOVANNA MICHELON
2 min read
0
1843

Special Issue of ACCOUNTING IN EUROPE : “The Future of Corporate Reporting”

Guest Editors:  Prof. Charles H. Cho, Schulich School of Business, York University, Canada Prof. Peter Kajüter, University of Münster, Germany Prof. Riccardo Stacchezzini, University of Verona, Italy. Accounting in Europe aimed at stimulating the debate about the status quo and future directions of corporate reporting. We therefore invite papers dealing with the broad area of narrative reports, both financial and nonfinancial (e.g. IFRS management commentary, management reporting, nonfinancial reporting, reporting on climate change, integrated reporting).  Authors…
ARC Commitee
ARC Commitee
< 1 min read
0
2668

European Audit Opinions Signed by Country

This analysis was orginally posted by Audit Analytics. &nbsp; It is no surprise that COVID-19 has greatly impacted just about everything at this point; the worldwide pandemic has had such far-reaching effects, we&rsquo;re only now beginning to understand how far the ripple goes. With that said, it&rsquo;s also no surprise that the virus is impeding audit firms&rsquo; and accounting departments&rsquo; ability to perform their duties effectively in their usual timely fashion.&nbsp; As&nbsp;previously mentioned, some regulators…
Jessica McKeon
Jessica McKeon
5 min read
0
2781

The Effects of Table Versus Formula Presentation Formats on Investors’ Judgment about Executive Compensation

In a recent study published in European Accounting Review (EAR), Jun Han and I investigate how the data presentation format of executive compensation disclosures affects investors&rsquo; compensation- and investment-related judgments and decisions. Specifically, we examine whether, how, and why investors&rsquo; approval ratings of cash bonus schemes differ across data presentation formats. In 2017, the European Parliament updated the Shareholder Rights Directive (2007/36/EC) by incorporating a say-on-pay regime for investors at the EU level (Obermann &amp;…
Yifei Xia
Yifei Xia
5 min read
0
451

First EAA VARS

The first VARS with Stephan Hollander was an astonishing success, with about 400 registrations, from really all over the world. Indeed, we had to make a last-minute choice to move the VARS onto a Webinar platform to allow all attendees to participate. We are really glad that this initiative has attracted so much attention and we hope it will continue to do so in the next weeks. The seminar with Stephan on &#8220;Firm-level Exposure to…
GIOVANNA MICHELON
GIOVANNA MICHELON
2 min read
0
2906

Doubt About Going Concern Basis Results in Disclaimer of Opinion

This article was originally posted by Audit Analytics. On 30 April 2020, Ernst &amp; Young LLP (UK) issued a&nbsp;disclaimer of opinion&nbsp;for Nostrum Oil &amp; Gas PLC [LON:NOG], formerly Zhaikmunai L.P. The independent oil and gas exploration company is based in Kazakhstan, headquartered in the Netherlands, and has been listed on the London Stock Exchange since 2008. A disclaimer of opinion is issued when the auditor is &ldquo;unable to obtain&nbsp;sufficient appropriate audit evidence on which to…
Jessica McKeon
Jessica McKeon
3 min read
0
2607

Reproducibility in Accounting Research: Views of the Research Community

&nbsp; We have little knowledge about the prevalence of irreproducibility in the accounting literature. To narrow this gap, we conducted a survey among the participants of the 2019 JAR Conference on their perceptions of the frequency, causes and consequences of irreproducible research published in accounting journals. A majority of respondents believe that irreproducibility is common in the literature, constitutes a major problem and receives too little attention. Most have encountered irreproducibility in the work of…
Christian Leuz
Christian Leuz
< 1 min read
0
1457

Auditor Selection Process: An Interplay of Demand Mechanisms – A Multilevel Network Approach

In our recent article published in the European Accounting Review, Dean Lusher, Peng Wang and I studied auditor selection process. We assummed that client&rsquo;s selection of the engagement partner is driven both by engagement partner&rsquo;s reputation, and also recommendations that board of directors receive through interlocking board members. Our study was inspired by the finding that major body of audit partner selection literature implicitly assumed that the demand side mechanism that assists buyers in differentiating…
Slobodan Kacanski
Slobodan Kacanski
3 min read
0
448

EAA Virtual Accounting Research Seminar Series

With the COVID-19 situation forcing widespread cancellation of research events of all kinds, including workshops, conferences and research seminars, we are pleased to announce that the EAA is launching a pan-European online research seminar that is open to participants from around the globe, with the ultimate aim of increasing the inclusiveness of accounting research and promoting new and innovative ideas. The EAA Virtual Accounting Research Seminar Series (VARS) will take place every Friday at 15.30…
GIOVANNA MICHELON
GIOVANNA MICHELON
3 min read
0
862

Empirical evidence: audit quality under a dual mandatory auditor rotation rule

Regulators in the US ruled against introducing mandatory firm rotations in addition to the existing rule for periodic partner rotations. In contrast, European regulators ruled in favour of a dual mandatory rotation rule in which both audit firm and audit partner rotations are required. &nbsp; But who was right?&nbsp; &nbsp; It is unclear ex-ante whether requiring two layers of rotation can generate any incremental net benefits over a single rotation rule. Dual rotation may increase…
ANGELA PETTINICCHIO
ANGELA PETTINICCHIO
2 min read
0
1760