The Audit Reporting Debate
Seemingly Intractable Problems and Feasible Solutions
Bibliographic Data
| ID | 19447356 |
|---|---|
| Authors | Ann Vanstraelen (0000-0002-6139-5734, Maastricht School of Management, corresponding author), Caren Schelleman (Maastricht University), Roger Meuwissen (0000-0002-4889-3990, Maastricht University), Isabell Hofmann (Maastricht School of Management) |
| Year | 2012 |
| Volume | 21 |
| Issue | 2 |
| Pages | 193-215 |
| Publication date | 2012-06-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | European Accounting Review (JOURNAL) |
| Journal identifiers | ISSN: 0963-8180 • E-ISSN: 1468-4497 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/09638180.2012.687506 |
| OpenAlex | W2097575985 |
| Language | EN |
| Citations received | 4 |
| References cited | 22 |
While the audit reporting debate has a long history, a number of recent regulatory initiatives and policy reviews increase the likelihood of change in this area. The purpose of this study is to use this momentum and examine whether there is consensus between audit report users and auditors with regard to the form and content of the audit report. This seems necessary because past audit reporting reforms have failed due to a lack of common ground. Based on interviews with users and auditors, we conclude that reaching a level of consensus seems feasible. Using these insights, we propose an alternative audit reporting model that may significantly reduce the information gap between users and auditors and improve transparency on the quality of audit practice
Audit · Audit evidence · Audit plan · Auditor's report · Business · Certification · Duty · External auditor · Fiduciary · Financial statement · Information technology audit · Internal audit · Joint audit · Political science · Public relations · Quality audit · Accounting and Organizational Management · Auditing, Earnings Management, Governance · Law · Risk Management in Financial Firms · Accounting
| Citations per year | 0.8 |
|---|---|
| Citation span | 2021 - 2026 (6) |
| Highly cited | No |