The auditor’s evaluation of misstatements – Exploration, drivers, and consequences

Improve our understanding and potential improvement recommendations about the process and the consequences of evaluating misstatements – when and why does the auditor waive or require adjustment? What are the drivers of the (negotiation) process over audit findings? What is the type, nature, direction, magnitude, and recurrence of detected and adjusted misstatements? To what extent are such adjustments effective in improving actual financial reporting quality (i.e., the value of auditing)?


Posted on