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These are the slides that Gilad Livne (University of Exeter) presented at the 2018 EAA PhD Forum in Milan.
The learning objectives were as follows:
The session provided an overview of the field of empirical auditing research. The main focus was on the topic of auditor independence. Following some “famous” corporate collapses (e.g., Enron) in which auditors have been implicated, a number of causes and remedies have been proposed. Moreover, regulatory action has been taken in an attempt to fix audit. For example, in the US the effects of the Sarbanes-Oxley Act of 2002 have drawn significant research effort. The EU followed with its own regulatory action, which also has been investigated. However, there is still a significant scope for further research.
We reviewed prior findings and highlighted the research opportunities available to researchers that are interested in audit-related issues in the EU. With this in mind, we also reviewed several European reforms in the audit market.
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