Regulating Audit beyond the Crisis: A Critical Discussion of the EU Green Paper
(2011) In European Accounting Review 20(3). p.431-457- Abstract
- With the European Commission making global leadership claims in the field of audit regulation, the content of its 2010 Green Paper on 'Audit Policy: Lessons from the Crisis' warrants careful scrutiny. Important issues raised in the Green Paper include regulatory oversight, competition in the audit market, the dangers of having very few firms with the capacity to audit global transnational corporations, professional judgement, innovative audit practices and, last but not least, social responsibility. This article analyses the principal perspectives and assumptions underpinning the construction of the Green Paper. The aims are threefold: to enhance understanding of the contemporary regulatory mindset of the European Commission, contribute to... (More)
- With the European Commission making global leadership claims in the field of audit regulation, the content of its 2010 Green Paper on 'Audit Policy: Lessons from the Crisis' warrants careful scrutiny. Important issues raised in the Green Paper include regulatory oversight, competition in the audit market, the dangers of having very few firms with the capacity to audit global transnational corporations, professional judgement, innovative audit practices and, last but not least, social responsibility. This article analyses the principal perspectives and assumptions underpinning the construction of the Green Paper. The aims are threefold: to enhance understanding of the contemporary regulatory mindset of the European Commission, contribute to policy debate and inspire future research. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/2494210
- author
- Humphrey, Christopher ; Kausar, Asad ; Loft, Anne LU and Woods, Margaret
- organization
- publishing date
- 2011
- type
- Contribution to journal
- publication status
- published
- subject
- in
- European Accounting Review
- volume
- 20
- issue
- 3
- pages
- 431 - 457
- publisher
- Taylor & Francis
- external identifiers
-
- wos:000299282800001
- scopus:84855920701
- ISSN
- 0963-8180
- DOI
- 10.1080/09638180.2011.597201
- language
- English
- LU publication?
- yes
- id
- 2f98dd44-e531-44fc-a1ff-c5f8ee7145b5 (old id 2494210)
- date added to LUP
- 2016-04-01 14:02:54
- date last changed
- 2022-03-21 21:59:55
@article{2f98dd44-e531-44fc-a1ff-c5f8ee7145b5, abstract = {{With the European Commission making global leadership claims in the field of audit regulation, the content of its 2010 Green Paper on 'Audit Policy: Lessons from the Crisis' warrants careful scrutiny. Important issues raised in the Green Paper include regulatory oversight, competition in the audit market, the dangers of having very few firms with the capacity to audit global transnational corporations, professional judgement, innovative audit practices and, last but not least, social responsibility. This article analyses the principal perspectives and assumptions underpinning the construction of the Green Paper. The aims are threefold: to enhance understanding of the contemporary regulatory mindset of the European Commission, contribute to policy debate and inspire future research.}}, author = {{Humphrey, Christopher and Kausar, Asad and Loft, Anne and Woods, Margaret}}, issn = {{0963-8180}}, language = {{eng}}, number = {{3}}, pages = {{431--457}}, publisher = {{Taylor & Francis}}, series = {{European Accounting Review}}, title = {{Regulating Audit beyond the Crisis: A Critical Discussion of the EU Green Paper}}, url = {{http://dx.doi.org/10.1080/09638180.2011.597201}}, doi = {{10.1080/09638180.2011.597201}}, volume = {{20}}, year = {{2011}}, }