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Many companies have benefited from federal government relief programs and will be subjected to single audits for the first time.
While corporate sustainability reporting continues to grow amid demands from investors and regulators, problems persist with the reliability of the information and the role of accounting firms in vetting the disclosures.
SYNOPSIS: In this study, we propose a reciprocal rent-seeking game between politicians and individual auditors with political connections and examine how these auditors’ political connections influence their audit quality. Using hand-collected data from China between 2008 and 2013, we find that politically connected auditors have a significantly lower tendency to issue modified audit opinions (MAOs). We also find that politicians’ career prospects are significantly adversely influenced by MAOs being issued in their jurisdictions, while connected auditors charge higher audit fees, acquire l...
ISTANBUL, Sept. 28, 2022 /PRNewswire/ -- D-MARKET Electronic Services & Trading , a leading Turkish e-commerce platform , today announces its unaudited financial results for the second quarter... | September 28, 2022
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