Accounting for goodwill is again controversial as Australia adopts international accounting standards from 1 January 2005. The current method of accounting for goodwill will change dramatically as detailed in the AASB’s ED109 and IASB’s ED3. Goodwill acquired in a business combination will no longer be amortised but rather goodwill will be tested for impairment annually (ED3, para 54). This pap...

The increasing dependence upon Information systems in the last few decades by businesses has resulted in concerns regarding auditing. IS auditing has changed from auditing “around the computer” to auditing through and with the computer. However, technology is changing and so is the profession of IS auditing. As IS auditing is dependent on Information Technology (IT), it is essential that an IS ...

This paper surveys the literature on the determinants and consequences of securities class action lawsuits against firms and auditors from a financial reporting quality perspective. The survey is motivated by the important role that law plays in protecting stakeholders’ interests against managerial misdeed. Litigation is, thus, an important topic and numerous studies investigate the determinant...

The main objective of the study is at fi rst identifying the expectation gap about audit responsibility and the second quantifying the expectation gap in Iran. In order to collecting data, a questionnaire designed and developed between auditors and investors. Collected data analyzed by employing non-parametric statistics test. The results show that there is expectation gap between auditors and ...

Glenn Perry focuses on regulation of auditors. He first describes tie forms of accounting regulation, including self-regulation, peer regulation, state licensing authorities, and private litigation. Perry then discusses the SEC's oversight of independent auditors and its remedies for misconduct. He describes the conflict that exists between punitive regulations and preventivecorrective regulati...

Privacy audit logs are used to capture the actions of participants in a data sharing environment in order for auditors to check compliance with privacy policies. However, collusion may occur between the auditors and participants to obfuscate actions that should be recorded in the audit logs. In this paper, we propose a Linked Data based method of utilizing blockchain technology to create tamper...

All that is necessary for the triumph of evil is that good men do nothing. Introduction The auditing profession is unusual in its depth and breadth of authoritative standards, including the AICPA Code of Conduct, state ethics laws and regulations, professional auditing standards and firm–sponsored policies. Despite, or perhaps because of, this extensive set of guidelines, numerous accounts in t...