Speaking & Events
Gary will be co-presenting this paper Monday Aug 3rd, 2009:
Historical Analysis of Changing Audit Risk Characteristics in the Large Client Market, 1962-2006
Gary Giroux, Texas A&M University
Cory Cassell, Texas A&M University
ABSTRACT: This paper focuses on relative audit risk based on an analysis of audit regulations and other factors that should impact on audit quality. A set of regulatory, economic and other events changed the audit risk environment beginning with the 1950s, resulting in periods of more stringent scrutiny and expected higher audit quality and periods of less oversight and expected lower audit quality. Several dozen events were considered, but only a few (e.g., Foreign Corrupt Practices Act and Sarbanes-Oxley Act) were expected to have a major impact on audit risk levels. Using archival data beginning in the 1960s, changes in audit risk surrogates generally followed the expected patterns after major regulatory and other audit-related changes.
Gary Giroux's Books
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