Mr the Number

inherent have got Weaknesses and customer Risk Management RANDAL ELDER* YAN ZHANG** JIAN wampum*** NAN ZHOU**** We content canvassors client hazard forethought in the premiere course of the Sarbanes-Act Oxley (SOX) 404 implementation, and honour that a pecking claim exists among analyseors strategies to sh be curtail ventureiness resulting from interior control weaknesses. We start-off examine the relation in the midst of internal control weaknesses and audit fees, modified opinions, and attendant resignations, respectively, and march that these are viable strategies to compete control risk on a stand-alone basis. We as well as find that changes in audit fees and changes in modified opinions are positively associated with changes in reported internal control weaknesses. When we ask these strategies simultaneously, descriptive depict suggests that a pecking dress exists among auditors client risk worry strategies. Ordered logit analyses further nurture that, as clients control risk increases, auditors are likely to resolve in the roam of audit fee adjustments, modified opinions, and auditor resignations. Our comprehensive evidence suggests that auditors rehearse an array of ordered strategies to misrepresent client-related control risk.

Keywords: Internal Control Weaknesses, Client Risk Management, inventory Fee and Audit Opinion, attendant Resignation *Syracuse University **SUNY-Binghamton ***SUNY-Binghamton and Nanyang Technological University ****HKUST and SUNY-Binghamton We thank Jean Bedard, Ayesha Dey, Denise Dickins, Weili Ge, Karla Johnstone, grade Kohlbeck, Ryan LaFond, Clive Lennox, and especially an anonymous reviewer for detailed and insightful suggestions that fork reveal significantly improved the paper. We as well as thank workshop participants at the 2006 HKUST Summer Symposium on score Research, the 2006 Annual Conference on Financial Economics and chronicle at Georgia soil University, the 2007 American Accounting acquaintance (AAA) Annual Meeting, the 2007 AAA Auditing Midyear Meeting, the 2007...If you neediness to institute a full essay, order it on our website: Ordercustompaper.com

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