The recent famous financial frauds have demonstrated that in many cases the auditor was either responsible for or an accomplice in their manifestation. Thus, the auditor plays an important role in ensuring a true and fair view regarding the financial position and performance of the company. International standards on auditing indicate that the financial auditor’s main objective is to serve the ...

During the past 10 years, financial pressures on health service providers have led to a quest for more efficient service delivery and many consequential changes to the organisation and utilisation of staff. This study investigated the organisational responses to such pressures by four major South Australian hospitals and the level of involvement of hospital human resource staff in the staffing ...

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The measurement perspective on decision usefulness implies greater usage of fair values in the financial statements proper. Following from our discussion in Section 2.5.1, greater use of fair values suggests a balance sheet approach to financial reporting, as opposed to the income statement approach which underlies the research described in Chapter 5. This, in turn, implies a larger role for th...

Antitrust policy has evolved substantially in the last two decades. Although the incorporation of new empirical methods has played a critical role in this evolutionary process, with only a few exceptions experimental tools have not been employed. This omission is unfortunate, because appropriately constructed experiments can uniquely provide important insights. This paper summarizes some of our...

Most research on the political consequences of international migration conceptualizes financial remittances as being a substitute for state-provided assistance. This paper tests the actual validity of this assumption. Using data from the 2012-2016 Americas Barometer, the analysis confirms previous findings on the negative impact of financial remittances on electoral turnout intentions. However ...

Many emerging market economies have used macroprudential policy to mitigate the risk of financial crises and the resulting output losses. However, macroprudential policy may reduce economic growth in good times. This paper introduces endogenous growth into a small open economy model with occasionally binding collateral constraints in order to study the impact of macroprudential policy on financ...

.01 This section addresses the auditor's responsibility to apply the concept of materiality in planning and performing an audit of financial statements. Section 450,Evaluation ofMisstatements IdentifiedDuring the Audit, explains how materiality is applied in evaluating the effect of identified misstatements on the audit and the effect of uncorrected misstatements, if any, on the financial state...