EFFECTS OF THE NEW REGULATION AND CORPORATE GOVERNANCE OF THE AUDIT PROFESSION
Financial scandals of the last decade have had a negative effect upon the trust and perception of investors regarding auditor responsibility, firm performance and their part in fraud and error detection. The audit firms play an important role in the capital markets by verifying that auditors provide...
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| Format: | Article |
| Language: | English |
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Romanian Foundation for Business Intelligence
2014-06-01
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| Series: | SEA: Practical Application of Science |
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| Online Access: |
http://seaopenresearch.eu/Journals/articles/SPAS_4_63.pdf
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| _version_ | 1828306889394356224 |
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| author | Melinda Timea FÜLÖP Mirela-Oana PINTEA |
| author_facet | Melinda Timea FÜLÖP Mirela-Oana PINTEA |
| author_sort | Melinda Timea FÜLÖP |
| collection | DOAJ |
| description | Financial scandals of the last decade have had a negative effect upon the trust and perception of investors regarding auditor responsibility, firm performance and their part in fraud and error detection. The audit firms play an important role in the capital markets by verifying that auditors provide reliable information to the decision makers. The characteristic elements of the new economy require economic entities new performance standards that go beyond economics. These works’ aim is to explore the implication of the new regulation and corporate governance on the audit profession and audit quality. This study contributes to the literature as it provides a better understanding on how the auditor and audit firms react toward the additional requirements. |
| first_indexed | 2024-04-13T14:50:11Z |
| format | Article |
| id | doaj.art-d638c9477f554e11b7e81802b17d6f0e |
| institution | Directory Open Access Journal |
| issn | 2360-2554 |
| language | English |
| last_indexed | 2024-04-13T14:50:11Z |
| publishDate | 2014-06-01 |
| publisher | Romanian Foundation for Business Intelligence |
| record_format | Article |
| series | SEA: Practical Application of Science |
| spelling | doaj.art-d638c9477f554e11b7e81802b17d6f0e2022-12-22T02:42:37ZengRomanian Foundation for Business IntelligenceSEA: Practical Application of Science2360-25542014-06-01II4 (2/2014)545554seapas:y:2014:i:4:p:545-554EFFECTS OF THE NEW REGULATION AND CORPORATE GOVERNANCE OF THE AUDIT PROFESSIONMelinda Timea FÜLÖP0Mirela-Oana PINTEA1 Babeș-Bolyai University, Faculty of Economics and Business Administration Babeș-Bolyai University, Faculty of Economics and Business Administration Financial scandals of the last decade have had a negative effect upon the trust and perception of investors regarding auditor responsibility, firm performance and their part in fraud and error detection. The audit firms play an important role in the capital markets by verifying that auditors provide reliable information to the decision makers. The characteristic elements of the new economy require economic entities new performance standards that go beyond economics. These works’ aim is to explore the implication of the new regulation and corporate governance on the audit profession and audit quality. This study contributes to the literature as it provides a better understanding on how the auditor and audit firms react toward the additional requirements. http://seaopenresearch.eu/Journals/articles/SPAS_4_63.pdf regulationcorporate governanceaudit |
| spellingShingle | Melinda Timea FÜLÖP Mirela-Oana PINTEA EFFECTS OF THE NEW REGULATION AND CORPORATE GOVERNANCE OF THE AUDIT PROFESSION SEA: Practical Application of Science regulation corporate governance audit |
| title | EFFECTS OF THE NEW REGULATION AND CORPORATE GOVERNANCE OF THE AUDIT PROFESSION |
| title_full | EFFECTS OF THE NEW REGULATION AND CORPORATE GOVERNANCE OF THE AUDIT PROFESSION |
| title_fullStr | EFFECTS OF THE NEW REGULATION AND CORPORATE GOVERNANCE OF THE AUDIT PROFESSION |
| title_full_unstemmed | EFFECTS OF THE NEW REGULATION AND CORPORATE GOVERNANCE OF THE AUDIT PROFESSION |
| title_short | EFFECTS OF THE NEW REGULATION AND CORPORATE GOVERNANCE OF THE AUDIT PROFESSION |
| title_sort | effects of the new regulation and corporate governance of the audit profession |
| topic | regulation corporate governance audit |
| url |
http://seaopenresearch.eu/Journals/articles/SPAS_4_63.pdf
|
| work_keys_str_mv | AT melindatimeafulop effectsofthenewregulationandcorporategovernanceoftheauditprofession AT mirelaoanapintea effectsofthenewregulationandcorporategovernanceoftheauditprofession |