Audit failure and the crisis of auditing

European Business Organization Law Review

Volumn 5, Issue 4, 2004, Pages 635-643

  Arruñada, Benito ^a  

^a UNIVERSITAT POMPEU FABRA   (Spain)

Author keywords

auditing; auditor rotation; crisis; non audit services; regulation

Indexed keywords

EID: 38849086346     PISSN: 15667529     EISSN: 17416205     Source Type: Journal    
DOI: 10.1017/S1566752904006354     Document Type: Article

References (9)

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2. Arruñada, Benito. 1999b. 'The Provision of Non-Audit Services by Auditors: Let the Market Evolve and Decide'. International Review of Law and Economics 19: 513-531.
3. Arruñada, Benito. 2000. 'Audit Quality: Attributes, Private Safeguards and the Role of Regulation'. The European Accounting Review 9: 205-224.
4. Arruñada, Benito. and Cándido Paz-Ares. 1997. 'Mandatory Rotation of Company Auditors: A Critical Examination'. International Review of Law and Economics 17: 31-61.
5. Demski, Joel S. 2003. 'Corporate Conflicts of Interest'. The Journal of Economic Perspectives 17: 51-72.
6. Commission of the European Communities. 2004. Proposal for a Directive of the European Parliament and of the Council on statutory audit of annual accounts and consolidated accounts and amending Council Directives 78/660/EEC and 83/349/EEC, Brussels, 16 March 2004, COM (2004) 177 final, available at: < http://europa.eu.int/comm/internal-market/en/company/audit/index.htm >, last visited on 18 July 2004.
7. Jensen, Michael C. and William H. Meckling. 1976. 'Theory of Firm: Managerial Behavior, Agency Costs and Ownership Structure'. Journal of Financial Economics 3: 305-360.
8. Koehn, Jo Lynne and Stephen C. Del Vecchio. 2004. 'Ripple Effects of the Sarbanes-Oxley Act'. The CPA Journal 74: 36-38.
9. US General Accounting Office. 2003. Public Accounting Firms: Mandated Study on Consolidation and Competition, Report to the Senate Committee on Banking, Housing, and Urban Affairs and the House Committee on Financial Services, Washington DC, July 2003, available at: < http://www.gao.gov/cgi-bin/getrpt?GAO-03-864 >, last visited on 18 July 2004.