Two studies find that regulations aimed at improving the transparency of corporate accounting practices appear to have driven down the amount of money companies spent on innovation, capital improvements, and mergers and acquisitions.
Tag: financial statements
Quality suffers for audit offices that emphasize non-audit services, study shows
Regulators have expressed concerns that audit firms’ emphasis on non-audit services (NAS) such as consulting could distract from an audit, and quality does suffer in certain cases, according to new research from the University of Notre Dame.
Quality suffers for audit offices with clients from different industries, study shows
If an audit office has a diversified client portfolio, it is more difficult to audit a particular type of client, according to new research from the University of Notre Dame.