Outside auditors should be wary of information provided by management, study shows

Nate Newton, assistant professor of accountancy in the Trulaske College of Business at the University of Missouri, and his co-authors asked practicing auditors to estimate expenses relating to a year-end fire at a fictional company. Newton and his co-authors found that a group given estimates supporting the company's preferred expenses were more than twice as likely to approve of management's preference compared to auditors who received a set of estimates more representative of the full range of potential expenses.

Outside auditors should be wary of information provided by management, study shows

Companies and shareholders depend on auditors to provide unbiased, independent analyses of financial statements, but new research from the University of Missouri shows auditors can be influenced ...

Mon 20 Mar 17 from Phys.org

Outside auditors should be wary of information provided by management, MU study shows

Nate Newton, assistant professor of accountancy in the Trulaske College of Business at the University of Missouri, and his co-authors asked practicing auditors to estimate expenses relating ...

Mon 20 Mar 17 from Eurekalert

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