The Role Of Independence In The Effectiveness Of Continuous Auditing

In this study, I examine whether and how the frequency of internal audits (continuous vs. periodic), functional independence (separate vs. combined internal audit assurance and consulting functions), and the type of earnings management (accrual-based vs. real) affect internal auditors' perception of the likelihood managers will manipulate earnings. I find that earnings management is less likely when the internal audit function uses continuous auditing, regardless of the level of independence. However, the effect of independence is context-dependent such that internal auditors expect that real (accrual-based) earnings management is less likely when the internal audit function is independent (not independent), regardless of audit frequency. The findings of this study could be of importance to regulators, accounting researchers, and audit practice.

Name thesis:degree_name

Ph.D. in Accountancy

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Accountancy

Year dc:date.available

2014

Author dc:creator

• Barr, Dereck D.

Contributors dc:contributor

• Karl Wang
• Richard Gentry
• Victoria Dickinson

• Assurance
• Auditing
• Continuous Auditing
• Independence
• Internal Audit
• Accounting

Repository record dc:identifier

https://egrove.olemiss.edu/etd/354

OAI identifier oai:identifier

oai:egrove.olemiss.edu:etd-1353