Now showing items 1-2 of 2
Corporate failure models as analytical procedures for assessing going concern : an investigation into their relevance and efficacy within the audit decision framework
(Lincoln University, 2005)
Previous research has identified the issuance of clean audit reports to companies that subsequently fail as a major factor contributing to the audit expectations gap. This often results in large costs to auditors in terms ...
The efficacy of liquidation and bankruptcy prediction models for assessing going concern
(Lincoln University. Centre of Accounting Education and Research, 2002-05)
Although previous research generally finds bankruptcy prediction models to outperformauditors' views on going concern, accuracy in identifying failing companies is lower. Recent research questions whether bankruptcy is the ...