TRA CỨU
Các bộ sưu tập
Skip Navigation Links.
Thư mục - Vốn tư liệu
Why regulate private firm disclosure and auditing?

Why regulate private firm disclosure and auditing?

 Minnis, Michael.
 2017.
 p. 473-502. English
DisclosureAuditExternalitiesPrivate firmRegulation
Tác giả CN Minnis, Michael.
Nhan đề Why regulate private firm disclosure and auditing? / Michael Minnis, Nemit Shroff.
Thông tin xuất bản 2017.
Mô tả vật lý p. 473-502.
Tóm tắt Private firms face differing financial disclosure and auditing regulations around the world. In the US and Canada, for example, private firms are generally neither required to disclose their financial results nor have their financial statements audited. By contrast, many firms with limited liability in most other countries are required to file at least some financial information publicly and are also required to have their financial statements audited. This paper discusses and analyzes the reasons for differential financial reporting regulation of private firms. We first discuss various definitions of a private firm. Next, we examine theoretical arguments for regulating the financial reporting of these firms, particularly related to public disclosure and auditing. We then provide new survey-based evidence of firms’ and standard setters’ views of regulation. We conclude by identifying future research opportunities.
Từ khóa tự do Disclosure
Từ khóa tự do Audit
Từ khóa tự do Externalities
Từ khóa tự do Private firm
Từ khóa tự do Regulation
Tác giả(bs) CN Shroff, Nemit.
Nguồn trích Accounting and Business Research - Volume 47, 2017 - Issue 5
MARC
Hiển thị đầy đủ trường & trường con
TagGiá trị
00000000nab#a2200000ui#4500
00151131
0022
004145C1A05-5FBB-47CB-918F-256337E6F93F
005202007131441
008081223s2017 vm| vie
0091 0
035[ ] |a 1456362463
039[ ] |a 20241125222017 |b idtocn |c 20200713144126 |d huongnt |y 20180305083737 |z huett
041[0 ] |a eng
100[1 ] |a Minnis, Michael.
245[1 0] |a Why regulate private firm disclosure and auditing? / |c Michael Minnis, Nemit Shroff.
260[ ] |c 2017.
300[1 0] |a p. 473-502.
520[ ] |a Private firms face differing financial disclosure and auditing regulations around the world. In the US and Canada, for example, private firms are generally neither required to disclose their financial results nor have their financial statements audited. By contrast, many firms with limited liability in most other countries are required to file at least some financial information publicly and are also required to have their financial statements audited. This paper discusses and analyzes the reasons for differential financial reporting regulation of private firms. We first discuss various definitions of a private firm. Next, we examine theoretical arguments for regulating the financial reporting of these firms, particularly related to public disclosure and auditing. We then provide new survey-based evidence of firms’ and standard setters’ views of regulation. We conclude by identifying future research opportunities.
653[0 ] |a Disclosure
653[0 ] |a Audit
653[0 ] |a Externalities
653[0 ] |a Private firm
653[0 ] |a Regulation
700[1 ] |a Shroff, Nemit.
773[0 ] |t Accounting and Business Research |g Volume 47, 2017 - Issue 5
890[ ] |a 0 |b 0 |c 0 |d 0