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Frequency of KAMs

This analysis was originally posted by Audit Analytics. Fiscal year 2017 marks the first full year that Key Audit Matter (KAM) disclosures were required in all EU member states.1 In this analysis, we look at KAM disclosures from the audit opinions of approximately 1,400 companies listed on European Stock Exchanges, focusing on select large-, mid-, and small- cap indexes for 2017 and 2018. As shown in the graph below, the most common number of KAMs disclosed…
Jessica McKeon
Jessica McKeon
2 min read
0
866

EAA2020 => Join the “Shark Tank” experience!

*** STOP THE PRESS UPDATE! #5 *** (27/11/19): European Accounting Review joins the EAA2020 Shark Tank, bringing the shark journals involved = 12! An unprecedented access to accounting journal editors: Other shark journals … Abacus; Accounting & Finance; Accounting Forum; Accounting in Europe; Accounting, Organizations & Society; Contemporary Accounting Research; Journal of Accounting and Public Policy; Journal of Contemporary Accounting & Economics; Journal of International Accounting Auditing and Taxation;Journal of Public Budgeting, Accounting & Financial…
Robert Faff
Robert Faff
3 min read
1
1143

Consultation on the non-binding guidelines on non-financial reporting

Posted by Laura Girella, Lúcia Lima Rodrigues and Riccardo Stacchezzini, on behalf of the EAA Corporate Reporting Committee In response to a call for responses by the European Commission on its document entitled “Targeted consultation on the update of the non-binding guidelines on non-financial reporting” on March 20, 2019, the Corporate Reporting Committee of the European Accounting Association (“the CRC”) submitted its response to the issues raised therein. The CRC submitted its response to the…
EAA Stakeholder Reporting Committee
EAA Stakeholder Reporting Committee
4 min read
0
934

European Companies with Frequent Auditor Changes

This analysis was originally posted by Audit Analytics.   While much of the concern surrounding audits in Europe revolves around long tenures – audit firms auditing the same client for years, or even decades, on end – it is perhaps more of a concern when a company switches its auditor very frequently. Using the Audit Analytics’ European databases, we identified a few companies that had multiple auditors in a short amount of time. Laura Ashley…
Jessica McKeon
Jessica McKeon
5 min read
0
2462

EAA Annual Congress 2019 – Who said accountants are boring?

Finally, time to relax!  After literally years of planning, the 42nd EAA annual Congress that took place in Paphos, Cyprus is over.  The local hosts organized the meeting having two main goals in mind. Our first goal was to ensure that the Congress offered participants a rich academic and intellectual experience. Toward that end, during this year’s Congress we held two IFRS Foundation events, one of which was on primary financial statements, nine symposia with diverse…
Irene Karamanou
Irene Karamanou
4 min read
0
874

Update from the EAA Corporate Reporting Committee

Posted by Elizabeth Demers, Laura Girella and Lúcia Lima Rodrigues, on behalf of the EAA Corporate Reporting Committee In response to a call for responses by the Financial Reporting Council on their document entitled, “Business Reporting of Intangibles:  Realistic Proposals” on April 30, 2019, the Corporate Reporting Committee of the European Accounting Association (“the CRC”) issued a memorandum outlining our position related the issues raised therein. Overall, it was our opinion that the implementation of…
EAA Stakeholder Reporting Committee
EAA Stakeholder Reporting Committee
3 min read
0
779

KAMs Enter as the UK Exits

This analysis was originally posted by Audit Analytics. The United Kingdom’s pending exit from the European Union has been a cause of extreme uncertainty, both geopolitically and economically. Given the potential magnitude of the event, and considering London’s place as a center of global finance and industry, there is little doubt that Brexit will have a substantial impact on the companies based in the UK and listed on the London Stock Exchange. These concerns, however,…
Jessica McKeon
Jessica McKeon
3 min read
0
842

On receiving the 2019 EAA Anthony G. Hopwood Award for Academic Leadership in Accounting

I sincerely thank the EAA and its Awards and Management Committees for honouring me with this award. The motivation in the ARC announcement for giving me the Award, mentions my contributions to the advancement of accountancy (accounting) research in Europe. These contributions did not happen in isolation. So I need to thank many people and 2 institutions, and explain why I thank them. I like to use accountancy, and not accounting, to refer to Financial…
WILLEM BUIJINK
WILLEM BUIJINK
15 min read
0
748

Recent reviews of the UK audit services: a commentary

The collapse of Enron led to a transformation in the way American companies are held to account for their accounts. The Sarbanes-Oxley Act introduced new legal responsibilities on company directors and created a legislatively backed regulator with teeth. In contrast, the UK persisted with a form of self regulation. Until now. The recent reviews of the audit system by the UK Competition and Markets Authority (CMA), the Kingman Review of the Financial Reporting Council and…
Jan Bouwens
Jan Bouwens
5 min read
0
937

EAA PhD Forum 2019: The Presentations

The EAA PhD Forum, launched in 2013, is an initiative of the EAA to help and promote PhD students in accounting and is part of the EAA Annual Congress. Here are the contents discussed during the EAA PhD Forum 2019: Update on EAA Doctoral Activities EAA Talent Workshop and PhD Mobility (more information) – Nieves Carrera (IE Business School Madrid) The Race for Talents (more information) – Antonio De Vito (IE Business School Madrid) Plenary What…
Christoph J. Sextroh
Christoph J. Sextroh
< 1 min read
0
887
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