One of the most important recent expansions of the auditor's report within the European
Union, but also in the International Standards on Auditing, is the mandatory disclosure of key …

Internal control is an important internal governance mechanism of enterprises and plays an
important role in preventing and controlling corporate risks. This paper utilizes COVID-19 …

Purpose The purpose of this paper is to examine whether audit firms use transparency
reports (TRs) as a tool to standardize their brand image or whether the semantic and content …

This paper investigates how analyst forecast optimism is associated with disclosures of
internal control material weaknesses (ICMWs) and their remediation under Section 404 of …

We study the interplay between cyber failures and information technology (IT) capability
reputation (ITCAPR). Cyber failures often reveal vulnerable information systems (IS) …

ABSTRACT Auditing Standard No. 5 requires that auditors integrate their evaluation of large
issuers' internal control over financial reporting (ICFR) into their financial statement audit …

Based on data from 760 PCAOB inspection reports issued between December 2006 and
April 2021 for 305 non‐US audit firms, this paper analyses changes and trends in PCAOB …

This research aims to reveal how internal control of the accounts receivable system,
obstacles faced on the internal control applied, and the endeavors made to reduce it at …

This exploratory study examines automation of the bank confirmation process using a
longitudinal dataset from the largest third-party US confirmation service provider …

Auditors often underestimate the severity of internal control deficiencies, particularly when
actual misstatements associated with the deficiency are immaterial. We provide evidence …