Explain the key auditing problem or issue identified in guan

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Assignment -

The Assignment topic is as follows: Guan, Su, Wu and Yang's (2016, p. 522) concludes that "despite the potential positive effect of social ties on more efficient information sharing, social ties among economic agents weaken monitoring mechanisms in governance" thus affects audit quality adversely. Nevertheless, can this finding based on the Chinese economy apply to all economies?"

Required:

i. Explain the key auditing problem/issue identified in Guan et. al. (2016);

ii. Determine the facts and circumstances that lead to this problem/issue;

iii. Based on your own additional research, evaluate the reasons for and against the global applicability of the Guan et. al.'s (2016) finding;

iv. Conclude your "for" or "against" position with the strongest argument;

v. Lastly, outline the limitations of your argument. (3 Marks) Communication Quality

Reference: Guan, Y., L. Su, D. Wu, and Z. Yang. 2016. Do school ties between auditors and client executives influence audit outcomes? Journal of Accounting and Economics, 61 (2/3): 506- 525

Minimum number of academic references - at least 5 recent publications (since 2013) related to Audit Reporting- must be appropriately used and referenced.

Verified Expert

The present solution is based on the analysis made for paper Guan et al. (2016). The solution is based on answering given questions according to the instruction and format file. All the main point with reference to the marking rubrics were keenly followed. The solution is prepared in more than 1000 words and that the references are given in APA format. The solution is free from any type of plagiarism.

Reference no: EM131786229

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Reviews

inf1786229

2/16/2018 5:00:43 AM

It is required that the assignment must follow the template 26897991_1Assignment template 1.docx Thank you for responding This is the marking rubric 2689538797961_1ACCG925 2017 S3 Marking Rubric .docx I would like to bring this to your knowledge that the assigemnet should follow the marking rubric, the first question is required to have 100 words, the second question has 150 words and so on... so please read the rubric before starting the task. Please follow the making public, it has the word limit and contend requirement. It is a very important guideline. Thank you very much when I can get the feedback? ok, thank you very much. If it is well done, I will recommend it to my friends

len1786229

12/28/2017 6:58:19 AM

Length - Maximum 1,000 words (5 pages including references list). Font size must be 12 with double line spacing using Times New Roman. Minimum number of academic references - at least 5 recent publications (since 2013) related to Audit Reporting- must be appropriately used and referenced. This is the introduction to your essay. The first paragraph should be a statement outlining the problem/issue you are explaining. A second paragraph identifies and/or defines key concepts, alongside qualifiers that limit the scope of the argument. Approximately 100 words - Explain the key auditing problem/issue relevant to the questions and also raises additional relevant issues.

len1786229

12/28/2017 6:58:12 AM

Here you need to assess the context of the situation, especially the opportunities and risks in the context of the situation. What available data it there to support your outline of the context. For example, how did the issues evolve? What is the history that frames the situation today? Approximately 150 words - Convincing analysis Determine the key facts and outline the circumstances of the issue. For each alternative, you need to write arguments clearly outlining the reasons for or against the choices. You should base your arguments on your research. You must ensure you use data and evidence from reliable and valid of data sources.

len1786229

12/28/2017 6:58:06 AM

Here you compare the relative strengths and weaknesses of the each choice. For each choice, you should write one paragraph outlining the strengths and a second paragraph the weaknesses, and then a summary paragraph to identify whether the advantages or disadvantages are dominant based on this analysis. Cite at least Five(5) or more academic journal. Approximately 550 words. Not to repeat Guan et. al.’s (2016) arguments. Need to present your own arguments. Five(5) or more academic journal articles are cited in support of the discussion, explanation and critique.

len1786229

12/28/2017 6:57:47 AM

This is the main conclusion to your essay. You must link each statement evaluated to the position you arguing for. Explain your position, arguing for your preferred position. Ultimately, one of the reasons for or against outweigh everything else and identifies your position. Approximately 150 words Written analysis provides a clear and insightful conclusion. It should be detailed reasons why that the decision is valid in the context of your discussion. This step is for you to review the conclusion to ensure that you have not chosen a dominant option. You should list the limitations of the decision. Approximately 50 words. Need to make most insightful comments about what the limitations are. Writing style is exemplary and of publishable academic standard. Uses accurate referencing.

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