Auditing: A Journal of Practice & Theory articles from March 2002

Auditing: A Journal of Practice & Theory archives from March 2002

The effect of misstatements on decisions of financial statement users: an experimental investigation of auditor materiality thresholds.
March 1, 2002... INTRODUCTION The foundation of the independent auditor's concept of materiality is that misstatements in accounting information below some level of materiality do not change users' perceptions of a company's economic condition. In any...

The timing and information content of auditors' exhibit letters relating to auditor changes.
March 1, 2002... INTRODUCTION Policymakers have always considered auditor changes to be important events requiring detailed and timely disclosures. The arrangements for monitoring the disclosure of auditor changes require reporting by both the auditor and...

Aggressive client reporting: factors affecting auditors' generation of financial reporting alternatives.
March 1, 2002... This paper examines how features of the task environment interact with task knowledge to affect auditors generation of financial reporting alternatives. We study this issue in a setting in which an audit client proposes an aggressive financial...

Auditor tenure and audit reporting failures.
March 1, 2002... The objective of this paper is to examine the association between the duration of the auditor/ client relationship and audit reporting failures. Motivation for this study comes from (1) the SEC's interest in research on this issue (Turner and...

An experimental investigation of the efficacy of lawyers' letters.
March 1, 2002... INTRODUCTION Organizations are routinely subjected to various types of litigation. Although the ultimate outcome of pending or threatened litigation is often uncertain, SFAS No. 5 (FASB 1975) requires that a company report a liability and...

A multistage approach to external auditors' evaluation of the internal audit function.
March 1, 2002... INTRODUCTION External auditors routinely evaluate strength of the internal audit (IA) function of the client organization, with the ultimate objective of understanding and evaluating the internal control structure of the client. The...

Forum on continuous auditing and assurance. (Foreword).(Brief Article)
March 1, 2002... Rapid advances in information technology have resulted in the adoption of complex information systems by corporate entities, such as Enterprise Resource Planning (ERP) systems, and in the conduct of business transactions and reporting over the...

Feasibility and economics of continuous assurance.
March 1, 2002... INTRODUCTION With the acceleration of information flows and the availability of online real-time enterprise systems, the accounting profession has started to reconsider what an audit means and how it is carried out. It is now widely...

Twenty-first century assurance.
March 1, 2002... The future of assurance services lies in trends underway and the profession's interaction with its evolving environment. Assurance technology will progress by adaptation and creativity, perhaps achieving a new service model. This article will...

Continuous auditing: building automated auditing capability.
March 1, 2002... INTRODUCTION Electronic commerce, electronic data interchange (EDI), and the Internet are dramatically changing business practices and record keeping. Doing business on the World Wide Web enables organizations to connect into the online...

Errata.
March 1, 2002... FOREWORD The articles in this Supplement of A UDITING: A Journal of Practice & Theory (AJPT) are based on a selection of papers presented at the 6th Annual International Symposium on Audit Research (ISAR). The Symposium was hosted by the...