The Italian Corporate Law Reform introduced a compulsory independent external auditor. In the past, only listed companies were required to be audited by external auditors, while non-listed companies were audited by the Board of Statutory Auditors regulated by the Italian Civil Code. The reform separated the responsibilities of administrative and financial auditing: statutory auditors were left in charge of administrative auditing, while financial auditing was assigned to external auditors, leaving a selected number of companies with the possibility of keeping the statutory auditors in charge of financial auditing as well. An empirical analysis was conducted on a sample of companies, aimed at assessing whether external auditors – compared to statutory auditors – generally granted a higher quality of auditing. To assess the quality of auditing, the reliability of annual reports was considered, examining the discretionary accrual levels.
Mariani, L., Tettamanzi, P., & Corno, F. (2010). External Auditing vs. Statutory Committee Auditing, the Italian Evidence. INTERNATIONAL JOURNAL OF AUDITING, 14(1), 25-40.
|Citazione:||Mariani, L., Tettamanzi, P., & Corno, F. (2010). External Auditing vs. Statutory Committee Auditing, the Italian Evidence. INTERNATIONAL JOURNAL OF AUDITING, 14(1), 25-40.|
|Tipo:||Articolo in rivista - Articolo scientifico|
|Carattere della pubblicazione:||Scientifica|
|Titolo:||External Auditing vs. Statutory Committee Auditing, the Italian Evidence|
|Autori:||Mariani, L; Tettamanzi, P; Corno, F|
|Data di pubblicazione:||2010|
|Rivista:||INTERNATIONAL JOURNAL OF AUDITING|
|Digital Object Identifier (DOI):||http://dx.doi.org/10.1111/j.1099-1123.2009.00401.x|
|Appare nelle tipologie:||01 - Articolo su rivista|