The purpose of the current study is to examine the degree of reliance external auditors are willing to place on the work of the internal audit function (IAF) when the IAF's objectivity might be compromised. Experienced external auditors (N = 142) participated in a 2 (reporting relationship: audit committee of the board of directors [ACBOD] or chief finance officer [CFO]) by 2 (IAF involvement i...

In a previous study, multiple regression techniques were applied to Flight Operations Quality Assurance-derived data to develop parsimonious model(s) for fuel consumption on the Boeing 757 airplane. The present study examined several data mining algorithms, including neural networks, on the fuel consumption problem and compared them to the multiple regression results obtained earlier. Using reg...

We examine indicators of audit quality (as measured by abnormal accruals, the likelihood of reporting a profit and the likelihood of issuing modified audit opinions) for a sample of companies from 56 countries with non-US auditors during 2002-2011. For US-listed companies with non-US auditors, we find the audit quality to be higher after the non-US auditor is PCAOB-inspected. Further, in a samp...

There is now a great deal of evidence that large audit firms provide higher quality audits and offer greater credibility to clients' financial statements than small audit firms. The stock market reacts more favourably when a company switches to a large auditor rather than to a small auditor (Nichols and Smith, 1983; and Eichenseher et al., 1989); large audit firms give more accurate signals of ...

Our laboratory has been developing computer programs that help medical technologists improve their performance of the microscope-based immunofluorescence assay for antinuclear antibodies (ANA). This image-based laboratory test has been associated with poor reproducibility. We have previously described our first program, ANA-Tutor, which systematically teaches the ANA test by using approximately...

Haider H. Madani College of Industrial Management King Fahd Univ. of Petroleum and Minerals, Dhahran 31261, Saudi Arabia Tel: +9663 860-2508; [email protected] ABSTRACT Implementation of an Enterprise Resource Planning (ERP) solution is basically a matter of implementing business process re-engineering. The internal auditor needs to assess the risks associated with ERP implementation and its ...

Cloud Computing is a type of distributed computing whereby resources and applications are shared over the internet. These applications are stored in one location and can be accessed in different location by any authorized users where the user does not need any infrastructure. In cloud storage, while outsourcing trust worthiness of the data is a scary task in cloud. To ensure the integrity of dy...

Monitors can be useful to the principal in controlling the agent. However, in such an hierarchical organizational, monitors will also have an incentive to collude with the agent. We consider a static model where an auditor is hired to monitor an empire building manager. We start by allowing unrestricted and enforceable side-contracting between the manager and the auditor. While this model predi...