Does the private owner-managed firm audit market serve a different purpose?

What?

This study is designed to examine whether economic forces and regulation (institutions) affect audit different conditional on whether these audits are executed for Public interest entities, privately owned business or owner-managed business. The researchers want to start to ask the question whether regulation should be the same for the different type of firms.

Why?

Does the OMB environment call for different audits and auditing standards? What institutional factors (e.g., complexity, size, capital market structure, legal environment, audit risks, etc.) in the OMB environment may call for a specific audit approach and auditing standards for OMB audits?

Project Number
2017B01

Research Team
Prof. Jeroen Suijs
Dr. Mahmoud Gad
Dr. Robin Litjens

Involved University
Erasmus University Rotterdam

Timeline
09/17 – 08/19