Search results for "audit"

Audit fees and cost of debt: differences in the credibility of voluntary and mandatory audits

2019

Despite the extensive research on audit fees, few studies have examined the effect of audit fees on the cost of debt. Based on the credence goods theory, we examine whether the effect of audits on the cost of debt is affected by the type of audit (voluntary or mandatory) and the audit fees, as well as whether there is a combined effect of voluntary audits and audit fees, so that the effect of voluntary audits on the cost of debt is affected by audit fees. Using a sample of Spanish SMEs, we find an asymmetric effect of audit fees on the cost of debt: higher audit fees are associated with a lower cost of debt for voluntarily audited companies, while the association is not significant for mand…

Beyond the audit expectations gap

1992

In seeking to encourage a broader, European dimension to research on auditing and audit expectations, this paper examines the recent history of auditing and its regulation in Spain within the context of international developments in the accounting profession. The more expansive role being assigned to the audit function in Spain following the implementation of the Fourth and Eighth European Company Law Directives is generally viewed by Spanish writers as a progressive step, with largely positive effects. Such views stand in some contrast to the history of auditing in Britain, where the prevalence of an ‘audit expectations gap’ suggests a rather more problematic state of affairs. In exploring…

Do women directors behave more ethically than men directors of the audit committees with respect to the quality of the accounting information?

2018

In this analysis, we aim at investigating how audit committees (ACs) gender diversity impacts on the quality of financial information, calculated with the opinion that external auditors give firms in the audit report. We hypothesize that there is a negative relation between gender diversity on ACs and the likelihood of receiving a qualification with errors, non-compliance and the omission of information, and a positive association between gender diversity on ACs and the probability of disclosing qualifications with uncertainties. The results show a negative association between the proportion of women directors on ACs, the proportion of institutional women directors on ACs and ACs chaired by…

Implementation of walk-through audits for designing energy management system: A first step towards an efficient campus

2020

Abstract The purpose of this study is to design a concept of energy management control system (EMCS) at the UNSADA campus, Jakarta, Indonesia by utilizing the results of the previous walkthrough audit. EMCS is an important first step by involving all parties on campus to be concerned the sustainable energy savings. The energy efficiency program utilizes the campus as an energy laboratory to identify, recommend, implement and evaluate the energy consumption, so that the expected energy efficiency targeted by the top managements can be achieved. This program is motivated by several reasons, such as; to support government policies in reducing dependence on fossil energy by implementing energy …

Internal Quality Assurance for Higher Education Study Programme

2015

<p>Quality assurance for study programme is necessary precondition to realize qualitative higher education. Quality assessment is important part of quality assurance cycle. There are used different methodologies, assessment criteria and indicators to assess the higher education quality. It is clear that the assessment results which study programme will be better or worse are detected by the choice of criteria. It is difficult to find objective criteria which could be used universally for all study programme types. The aim of the research is to investigate quality assurance cycle for study programme quality and pay main attention to assessment part. The aim of assessment part is to sel…

ISO 9000‐based quality assurance approaches and their relationship with strategic analysis

2003

Many organisations use the ISO 9000 series as a reference framework to establish their quality assurance system. In doing so, most of them overlook the process of interpreting and adapting these standards to their own characteristics and capabilities. As a result, there is a misunderstanding with respect to the objectives of the standards. The correct implementation of the ISO 9000 series requires a preliminary analysis that facilitates the adaptation of them to the particular circumstances of a company. Therefore, this paper pays attention to the relationship existing between ISO 9000 implementation and the use of strategic diagnosis tools. The employment of such tools could be studied as …

Safety valuation methods at urban atypical intersections. Analysis of infrastructural scenarios

2007

The definition of decision support tools for identifying ex ante evaluation issues for road safety measures is a new challenge for policymakers and designers managing road networks with the intention of improving traffic safety for roads of their competence. This is consistent with explicit strategies on sustainability in the transport sector established at European level, considering road safety as an essential prerequisite to warrant a sustainable mobility. Based on these considerations, the need for evaluation instruments of safety conditions both for existing infrastructural schemes and for new road installations is recently arisen so that the identification of risks involved in a parti…

Independencia en auditoría. En pro de la defensa del interés público

2022

A lo largo de la historia se han producido escándalos financieros que han puesto de manifiesto las terribles consecuencias que la falta de independencia del auditor tiene sobre la defensa del interés público. En el presente trabajo analizamos, desde un punto de vista reflexivo y crítico, las consecuencias de dos casos de gran relevancia como son Enron y Bankia. A pesar de que ambos casos se produjeron en países distintos (EE. UU. y España) la gran repercusión internacional, política y mediática de los mismos nos ha servido como plataforma para llegar a un mensaje mucho más profundo en el que reclamamos la importancia de la auditoría, especialmente de la buena auditoría, lo que supone su eje…

Sarraute's plays : poplyphony and enunciation

2014

The corpus is formed of six plays of Nathalie Sarraute; it hides a duplication of enunciation types in the characters’ dialogue. This duplication is latent due to personal pronouns and verb tenses’ neutralization. The transition from an enunciation layer to another is not marked at all or not traditionally marked. Therefore, deciphering will be more complicated to any reader, listener or spectator. These works of art are also highly polyphonic in terms of enunciation as in semantics, as several voices are intertwined and as the characters resort to authorities of point of view. Thus, readers, listeners and spectators should identify enunciation sources and “other” authorities of point of vi…

Préface

2007