The research study by Gad, Litjens en Suijs relates to the question of the Foundation for Auditing Research whether there exists a need for ‘different audits for different purposes’. Does the external audit of a public interest entity require a different approach than the external audit of an owner-managed business? In order to answer this question, it is appropriate to analyze the differences in value of the external audit for a public interest entity versus an owner-managed business.
Dr. Mahmoud Gad
Lecturer, Lancaster University
Dr. Robin Litjens RA
Assistant Professor of Accounting at Tilburg University
Prof. dr. Jeroen Suijs
Professor of Financial Accounting at Erasmus University Rotterdam