Business, Management and Accounting
4 years ago

Auditor liability limits lead to higher risks and fees, impacting consumers

SSRN Electronic Journal
A Comparative Game Analysis on Limited Auditor Liability, Audit Quality, Audit Risk and Audit Fees
Yasuhiro Ohta

Paper Summary

The study compares the effects of limited and unlimited auditor liability. When auditor liability is limited, risks increase, but so does audit quality and fees. This can have different impacts in a strategic setting.

Related papers

Business, Management and Accounting
2 years ago

Auditors' Risk Assessment Empowers Reliable Financial Reporting for Businesses

Financial Analysis
Sustainability Research
Urban Development
2 views
Business, Management and Accounting
2 years ago

New Audit Risk Assessment Techniques Uncover Hidden Financial Dangers

Risk Management
Economics, Econometrics and Finance
8 years ago

Auditors Ignoring Non-Financial Data Risking Accuracy of Financial Statements

Insurance Dynamics
Risk Management
Earnings Management