Auditing is Driven by Moral Hazard Concerns

• Autorzy: Jon Lundesgaard
• Języki publikacji: EN

Abstrakty

EN

The purpose of publishing financial reports is to give users of reports access to informative, reliable and useful signals about the business entity preparing the report. Based on financial reports, users make decisions that are consequential for preparers. Thus, preparers have a motive to "cook the books." This is a moral hazard problem, and auditors play a crucial role in contributing to restraining and limiting temptations associated with this problem. To enable auditing, a more precise norm for the preparation of financial reports is needed. This need has been met by making accounting law more elaborate. However, we now have an additional problem of moral hazard - are the auditors doing their job in a sufficiently independent and careful manner? (original abstract)

Omówiono rolę i znaczenie audytorów w kontekście kreowania i weryfikacji sprawozdań finansowych.

Słowa kluczowe

EN

Audit; Audit research; Financial statements; Moral hazard

PL

Audyt; Badanie audytorskie; Sprawozdanie finansowe; Pokusa nadużycia

• Czasopismo: Prace Naukowe Wyższej Szkoły Bankowej w Gdańsku
• Rocznik: 2011
• Tom: 9 Ekonomiczne i społeczno-polityczne problemy współczesnej gospodarki
• Strony: 255--268

Twórcy

autor

Jon Lundesgaard

• Hedmark University College (Economics) University of Oslo

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