Business, Management and Accounting
8 years ago

Smaller Audit Firms Fail to Uphold Quality Standards, Putting Clients at Risk

1 view
De Ratione
Quality Control in Smaller Audit Practices
K. Dilton-Hill

Paper Summary

The study looked at how well smaller audit firms follow auditing standards. They used a checklist to see if firms had quality control policies in place. They found that many firms lacked formal quality controls and didn't always comply with auditing standards during their work.

Related papers

Business, Management and Accounting
2 years ago

Municipalities Invest in Audits to Improve Public Services and Accountability

Earnings Management
Management Control
Corporate Governance
2 views
Business, Management and Accounting
3 years ago

Audit Quality Compromised as Auditors Compete for New Clients

Earnings Management
Corporate Governance
Mechanism Design
2 views
Business, Management and Accounting
4 years ago

Audit Watchdog Weeds Out Subpar Auditors, Boosts Investor Confidence

Earnings Management
Corporate Governance
Mechanism Design
2 views