.

0 (hodnocen0 x )

EB

EB

ONLINE

Cham : Springer International Publishing, 2017

1 online zdroj

ISBN 978-3-319-48826-4 (e-kniha)

ISBN 978-3-319-48825-7 (print)

Contributions to Management Science, ISSN 1431-1941

This book analyzes the relationship between integrated reporting and audit quality within the European context, presenting empirical evidence and drawing on a broad review of the available literature in order to evaluate the ability of integrated reporting to enhance audit risk assessment. Dedicated sections first elucidate the concepts of integrated reporting and audit quality. The main integrated reporting frameworks are compared, the role of integrated reporting within a firm’s disclosure is examined, and all aspects of audit risk are discussed. The key question of the impacts of integrated reporting on the components of audit risk is then addressed in detail, with reference to empirical findings, their practical implications, and their limitations. The concluding section explores the future of corporate reporting and the development of the next integrated reporting framework and summarizes the insights that the analysis in the book offers into the relationship between integrated reporting and audit quality in the European setting. ..

001476799

1 Introduction // 1.1 A Brief Overview of the Book // 1.2 Theoretical Contributions of the Present Work 3 // 1.3 Managerial Implications of the Present Work 4 // 1.4 Structure of the Book 3 // References 6 // 2 Integrated Reporting // 2.1 Introduction // 2.2 Non-Financial Voluntary Disclosures 9 // 2.3 The Role of Integrated Reporting in Company Disclosure 12 // 2.4 Integrated Reporting: Literature Review 16 // 2.4.1 Integrated Reporting and Sustainability 16 // 2.4.2 Integrated Reporting and Corporate Governance 17 // 2.4.3 Integrated Reporting and Its Components 17 // 2.4.4 Empirical Research on Integrated Reporting 18 // 2.4.5 Assurance of Integrated Reporting 20 // 2.5 Integrated Reporting: Comparison of the Main Frameworks 21 // 2.5.1 Novo Nordisk 22 // 2.5.2 The King Reports 23 // 2.5.3 The Integrated Report <IR> 24 // 2.5.4 The UN Global Compact 25 // 2.6 A Focus on the South African Experience 27 // 2.6.1 The South African Context 28 // 2.6.2 The Quality of Integrated Reporting in South Africa 28 // References 30 // 3 Audit Quality 37 // 3.1 Introduction 37 // 3.2 Assessment of the Audit Quality 38 // 3.2.1 Audit Risk Model: Standard Setter’s Viewpoint 42 // 3.2.2 Audit Risk Model: A Theoretical Framework 45 // 3.3 The Literature Stream on Audit Risk 47 // 3.3.1 Audit Risk and Audit Fees 47 // 3.3.2 Audit Risk Evaluation in the Client-Acceptance // Decision 48 // 3.3.3 Audit Risk and Corporate Governance 49 // 3.3.4 The Audit Risk Model in Light of the Global // Financial Crisis 50 // 3.4 A New Proposal for the Audit Risk Model 53 // References 54 // 4 Relationship Between Integrated Reporting and Audit Risk in the European Setting: The Research Design 59 // 4.1 Introduction 59 // 4.2 Does Integrated Reporting Have Some Effects on the Audit Risk? 60 // 4.2.1 The Research Design 62 // 4.3 Sample Selection and Data Collection 66 //

4.4 Variable Measurement 67 // 4.4.1 Variable Measurement: Audit Risk 67 // 4.4.2 Variable Measurement: Audit Fees 69 // 4.4.3 Variable Measurement: Integrated Reporting 69 // 4.4.4 Variable Measurement: Control Variables 73 // 4.5 Factor Analysis 75 // References 79 // 5 Relationship Between Integrated Reporting and Audit Risk // in the European Setting: The Empirical Results 83 // 5.1 Introduction 83 // 5.2 Descriptive Statistics and Correlation Analysis 84 // 5.3 Research Models 90 // 5.4 Empirical Results 93 // 5.4.1 Empirical Results for the Entire Dataset of Firms 93 // 5.4.2 Empirical Results—T Test 97 // 5.5 Additional Analysis: Empirical Results for Different Sectors 99 // 5.5.1 Additional Analysis: Empirical Results for Industry // Classification 1 99 // 5.5.2 Additional Analysis: Empirical Results for Industry Classification 2 102 // 5.6 Additional Analysis: Empirical Results for Assurance on Voluntary Disclosure 104 // 5.6.1 Additional Analysis: Empirical Results for Voluntary // Disclosure Auditor 104 // 5.6.2 Additional Analysis: Empirical Results for Same // Auditor 108 // 5.7 Summary Results for the Entire Dataset 114 // References H6 // 6 Concluding Remarks 117 // 6.1 The Future of Corporate Reporting 117 // 6.2 Developing the Next Integrated Reporting Framework 118 // 6.3 Integrated Reporting as a Tool to Enhance Audit Risk // Assessment? 121 // 6.3.1 Linking Integrated Reporting to Qualitative // and Quantitative Audit Risk 122 // 6.3.2 Integrated Reporting and Audit Fees 123 // 6.3.3 Assurance on Integrated Reporting, Audit Risk // and Audit Fees 123 // 6.4 Practical Implications 125 // 6.5 Limitations and Further Development 125 // References 126