Question.2563 - Assignment 1 (15%) – Group is expected to have two parts (2000 words): Part 1) Choose at least three of the following topics and explain them using at least 10 academic papers: 1. Value relevance of financial reports 2. Sustainability Reporting and Development of Sustainability Standards 3. Corporate Social Responsibility and Independent Audit 4. Management’s narcissism and Financial reporting quality 5. Managerial diversity and Financial reporting Quality 6. Independent Audit’s Impact on the Information Asymmetry 7. Public governance and Independent Audit 8. Quality Control in Independent Audit 9. Peer Review in Independent Audit 10. National Accounting Principles vs IFRS 11. Importance of Independent Audit for National Economy 12. Distruptions (e.g. technology) in the accounting profession 13. Future of the auditing Part 2) Conclusion Marking scheme of Assignment 1 (15%) – GroupGrading for Sections Wording, includes the following 1. Formatting (15%) 2. Detailed presentation (35%) 3. Use of language (20%)70%Citation style (APA Style) 10% Conclusion 10% References (APA Style) 10% Total 100%
Answer Below:
Part xxxxxxxxxxxx In xxxx assignment xxx three xxxxxx of xxxxxxxxxx that xxxx been xxxxxx from xxx given xxxx of xxxxxx are xxxxx relevance xx financial xxxxxxx disruptions xx the xxxxxxxxxx profession xxx future xx auditing xx the xxxxx of xxxxxxxxxxxxxx based xxxxxxxxxx value xxxxxxxxx studies xxx an xxxxxxxx concept xx focuses xx the xxxxxxxx between xxxxx market xxxxxx and xxxxxxxxxx values xx regards xx disruptions xx the xxxxxxxxxx profession xxx of xxx most xxxxxxxxx and xxxxxxx disruption xx the xxxxxxx times xx dramatic xxxxxxxxxxxxx advancements xx that xx digital xxxxxxxxxx In xxxx regards xx can xx observed xxxx because xx digital xxxxxxxxxxx the xxxxxxx role xx the xxxxxxxxxx has xxxx taken xxxx by xxxxxxxx or xxxxxx In xxxx regards xxxx the xxxxxx of xxxxxxxx is xxxxx into xxxxxxxxxxxxx it xxx be xxxxxxxx that xxxx developing xxxxxxxxxx in xxxx science xxx sectors xxxx also xxxxxxxx auditing xxx been xxxxxxxx advancing xxxxxxxxxxxx for xxxxxxxxx the xxxxxxxxxxx In xxxx regards xxxxxxxxxx intelligence xxx been x game xxxxxxx in xxx arena xx auditing xxxxx is xxxxxxxxx at x preliminary xxxxx in xxxxx of xxx application xxxx in xxx assignment xxx mentioned xxxxxx would xx discussed xx an xxxxxxxx manner xxxx the xxxx of xxxxxxx articles xxx study xx value xxxxxxxxx as xxxxxxx stated xx associated xxxx the xxxxx of xxxxxxxx Market-Based xxxxxxxxxx The xxxxxxxxxxx between xxxxx market xxxxxx and xxxxxxxxxx values xx focused xx value xxxxxxxxx analysis xxxxx reliance xxxxxxx have xxx edifice xx the xxxxxxxxxx of xxxxxxx market xxxxxxxxxx which xx the xxxxxxx market x capacity xx respond xx new xxxxxxxxxxx on xxxxxxxxx performance xx company xxxxx relevance xxxxxxxx can xxxx be xxxxxxxx as xxx unique xxxxxxxxxx of xxxxxxxxx statements xx summarizer xx identify xxxx regarding xxx value xx equity xxxxxxxxxx Due xx this xxx extent xx association xxxxxxx equity xxxxxx value xxx financial xxxxxxxxxxx can xx inferred xx an xxxxxxxxx of xxx relevance xx information xx the xxxxxxxxx statement xx the xxxxxxxxx of xxx market xxxxx of xxx company xxxxx Testarmata xxx Buscema xxxxx it xxxxx not xx wrong xx state xxxx value xxxxxxxxx is x statistical xxxxxxxxxxx between xxxxx returns xx firm xxxxx and xxxxxxxxxx information xx is xxx ability xx accounting xxxxxxxxxxx to xxxxxxxxx or xxxxxxx information xxxxxxxxx stock xxxxxx or xxxxx price xx regards xx measurement xxxxxxxxxxx value xxxxxxxxx is xxx relationship xxxxx the xxxxxx value xx firms xxx financial xxxxxxxxx information xxx relevant xxxxxxxxxx data xxxxx be xxxxxxxxx in xxxxx return xx value xx the xxxx if xx investor xxxxx it xxxxxx Usually xxx and xxxxxxxx dominate xxxxx relevance xxxxxxxx Recent xxxxxxx have xxxx put xxxxxxx the xxxx that xxx also xxxxxxxxx value xxxxxxxx information xxxxx Malek xxx Abdul-Hamid xxxxx is x reduction xx value xxxxxxxxx when xxxxxxxxx get xxxxxxxxxx in xxxxxxxxx involving xxxxxxx management xxx cash xxxx the xxxxxxxx is xxx impacted xxxxxxx of xxxxx practices xx the xxxxx of xxxxxxxxxx framework xxx aim xx financial xxxxxxxxx is xx deliver xxxxxxxxx information xxx users xxxxxxxxxxxx creditors xxx investors xxxxx making xxxxxxxxxx decisions xxxxx Testarmata xxx Buscema xxxxxxx involving xxxxxxxxxxxxx of xxxxxxxxx information xxx investment xxxxxxxxx frequently xxx the xxxx study xx value xxxxxxxxx of xxxxxxxxxx information xx accounting xxxx is xxxxxxxxx in xxxxxxxx the xxxxxxxx value xx stocks xxxxxxxxxx and xxxxxxxxxxx for xxxxxxxxx associated xxxx investment xx demonstrated xx the xxxxx market xxxxx It xxx also xxxx observed xx regards xx value xxxxxxxxx of xxxxxxxxxx information xxxx book xxxxxx are xxxx value xxxxxxxx that xx followed xx earnings xxx cash xxxx when xxxxxxxxx it xxxx the xxxxxxxxxxx of xxxxxxxxx Der xxxxx amp xxxxx It xxx also xxxx observed xx this xxxxxxx that x less xxxxxxxxx role xx being xxxxxx by xxxx flow xxxx makes xx an xxxxxxxxxxxxx substitute xx valuation xxxxx While xxxxxxxx value xxxxxxxxx of xxxxxxxxx reports xx has xxxx been xxxxxxxx that xxxxxxxx earnings xxx book xxxxx are xxxx value xxxxxxxx as xxxxxxxx to xxxxxxxx cash xxxx and xxxx flow xxxxx analyzing xxx declined xxx inclined xxxxxxxx in xxxxx relevance xx accounting xxxxxxxxxxx it xxx been xxxxxxxx that xxxxx has xxxx a xxxx in xxx value xxxxxxxxx of xxxx flow xxx combined xxxx flow xxx book xxxxx in xxxxxxxxx In xxxxxxx to xxxxxxxxxxx in xxx accounting xxxxxxxxxx the xxxxxx of xxxxxxxxxx revolution xxxx formulated xxx roadmap xxx the xxxxxxxxx of xxxxxxx economy xx can xx considered xx the xxxxxxxxxx for xxx period xxxxxxx disruption xxx period xx digital xxxxxxxxxx made xxx primary xxxx of xxx accountant xxxxx over xx software xx system xx is xxxxxxx of xxxx phenomenon xxxxx has xxxxx anxiety xxxxx a xxxxx section xx accountants xx automated xxxxxxxxxxx or xxxxxxx are xxxxxxxxx their xxxx The xxxxxxxxx process xxxxxxx in xxx off xx large xxxxxx of xxxxxxx operating xx companies xxxxx the xxxxxxx of xxxxxxxxxxx The xxxxxx pandemic xxxxxxx the xxxxxxxxxxx of xxxxxxxxxx to x drastic xxxxx and xxxx them xxxxx to xxx for xxxxxxx functioning xxxxxxx of xxx uncertainty xxxxxxxxxx with xxx pandemic xxxx can xx referred xx as xxxxxxx disruption xxx growth xx big xxxx has xxxxxxxx to x shift xx the xxxxxxx competence xxxxxxx from xxx controller xxx management xxxxxxxxxx MA xxxxxxx Such xxxxxxxxxxxx made xx essential xxx management xxxxxxxxxx to xxxx or xxxx informant xxxxxxxxxx skills xxx business xxxxxxxxx competencies xxx changing xxxx of xxxxxxxxxx accountants xxxxxxxx a xxxxxxxx change xx the xxxxxxxxxx s xxxx competencies xxx era xx digital xxxxxxxxxx made xx essential xxx accountants xx expand xxxxx capabilities xx address xxxxx changing xxxx roles xxxxx can xx considered xx one xx the xxxxx disruptions xx the xxxxxxxxxx profession xxxxx is xxxxxxxxxx with xxx advancement xx technologies xxxxxxxxx Kroon xxxxx amp xxxxxxx mentioned xxxxx the xxxxxxxx technologies xxx the xxxx for xxxxxxxxxxx to xx open xx constantly xxxxx to xxxxx technologies xxxx constant xxxx to xxxxx to xxxxx technologies xxx associated xxxxxxx in xxxxx functioning xxxx as x disruption xx their xxxxxxxxx It xx with xxxxx emerging xxxxxxxxxxxx accountants xxx needed xx adapt xx these xxxxxxx and xxxxxxxxx their xxxxxx wherein xxxx changes xxx be xxxxxxxxxx in xxxxxx Marrone xxx Hazelton xxxxxxx out xx this xxxxxxx that xxxxxxxx technologies xxxx the xxxxx to xxxxxxx the xxxxxxxxxxx of xxxxxxxxxxx by xxxxxx supporting xxx offshoring xx work xx completely xxxxxxxxxxx it xx this xxxxxxx researchers xxxx point xxx the xxxxx for xxxxxxxxxx relationships xxxx professions xxxxxxxxxxxx like xxxxxx media xxx visualization xxxxx might xxxxx accountants xx not xxxx communicate xxxxxxx from xxxxxxx and xxxxx sets xx data xxx allow xxxx to xxx associated xxxx dialogue xx collaboratively xxxxxx an xxx response xx might xxxxxx in xxxxxxxx to xxxxx prominence xx communication xxxx of xx organization xxxxxx than xxxx remain xxxxxxxxxx in xxxxx office xxxxx Cong xx amp xxxxxxxxxx These xxxxxxxxxxxx i x social xxxxx and xxxxxxxxxxxxx technologies xxx promote xxxxxxxxxxx to xxx arena xx marketing xxx scopes xx formulating xxxxx contract xxxx the xxxx of xxxxx technologies xxx blur xxx roles xx lawyers xxx accountants xxxxxxxxxxx these xxxxxxxxxxxx pose xxx just xxxxxxxxx challenges xxx accountants xx overcome xx it xxx also xxxxx challenges xx the xxxxxxx and xxxxxx of xxxxxxxx new xxxxxxxxxxxx accountants xxxxx be xxxxxx to xxxx ethical xxxxxxx As xx instance xxx use xx block xxxxx as x tool xxx secrecy xx accuracy xx use xx facebook xx a xxxx to xxxxxxxxxxx fake xxxx or xxx it xx a xxxxxx for xxxxxxx involved xx dialogue xxxxx discussing xxxxx emerging xxxxxxxxxxxx and xxx impact xx various xxxxxx of xxxxxxxxxxx the xxxxxx of xxxxxxxx is xxxx needed xx be xxxxxxxx to xx discussed xxx advancement xx AI xxxx analytics xxx associated xxxx in xxxxxxxx is xx a xxxxxxxxxxx stage xxx some xxxx is xxxxxxxx to xxxxxxxxxx change xxx arena xx auditing xxxx total xxxxxxxxxxx AI xxx contribute xx auditing xx ensuring xxxxxxxx performance xx auditors xxxxx introduce xxx idea xx absolute xxxxxxxxx can xxxxxxxxxx in xxxx value xxxxxx services xx the xxxx and xxxxxxxxx new xxxxxxxxxxxx in xxx auditing xxxxxxxx Mansoori xxx Khan xxxx the xxxx of xx recommendations xxx be xxxxxxxx that xxx enhance xxx value xxx reputation xx the xxxxx firm xxx change xxx basis xx auditing xxxxxxxxx The xxxxxx in xxx functioning xx the xxxxxxxx and xxxxxxxxxx standards xxxxx be xxxxxxxxxx with xxxxxx of xxxxxxx however xxxxxxxxx demands xxx requirements xxxxxxx of xxxxx technologies xxxxx result xx revolution xx the xxxxxxxx industry xxx bring xx changes xx the xxxxxxx standards xxxxx with xxxxx amount xx data xxxxx be xxxxxxxxx by xxxxx organizations xx this xxxxxxx the xxxxx conducted xx Lombardi xxxxx amp xxxxxxxxxx put xxxxxxx that xxxxxxxxx to xxx participants xx the xxxxx the xxxxxxxxx used xxxxxxxxxx tools xxxx by xxxxxxxx like xxxx assessment xxx decision xxx tools xxxxx continue xx emerge xxxxxx the xxxx decade xxxx meta-analysis xxxxxxxxxxx exchanges xxxxxx drill xxxx abilities xxxxx be xxxx commonly xxxx for xxxx functioning xxxxx have xxxx advancements xx audit xxxxxxxxx and xxxxxxxxx there xxx been x rising xxxxxxxxxxxxx in xxx use xx technology xxx provides xxxx new xxxxxxxxx to xxxxxx auditing xxxxxxxx have xxxxxxxx preparation xxx real-world xxxxx In xxxxx to xxxxxx up-to-dated xxxx the xxxxxxxxxx evolving xxxxxxxxxxxx added xxxxxxx technology xxxxxxxx would xx required xxxxxxxxxxxx for xxxxxxxxxxx auditors xx has xxxx been xxxxxxxxxx that xxxxxx the xxxx decade xxxxxx technology xxxxx continue xx be xx integral xxxx of xxx audit xxxxxxx however xx would xxx overtake xxx judgment xxxxxx in xxx process xx auditing xx spite xx the xxxxxxxx technological xxxxxxxxxxxx judgment xxxx audit xxxxxxxxxxxxx would xxxxxxxx to xx important xxx participants xx the xxxxx also xxxxxx that xxx association xxxxxxx external xxx internal xxxxx would xxxxxxxx to xxxxxxx with xxxx responsibility xxxxx be xxxxxxx to xxx functioning xx internal xxxxx Kiratsopoulou xxx Kjellberg xxxxx are xxxx probabilities xxxx real xxxx statements xxxx are xxxx predictive xxxxx replace xxxxxxxxxxxxx audited xxxxxxxxx statements xx is xxxxxxx opined xxxx in xxx future xxxxxxx of xxxxxxxxxxxxx advancements xxxxx would xx major xxxxx in xxx audit xxxxxxx that xxxxx make xxx process xxx functioning xxxxxx however xxxxx would xxxx less xxxxxx for xxxxxx professionals xxxxx would xx turn xxxx to xxxx individuals xxxxx hired xx auditors xxx requirement xxx number xx employees xx the xxxxxx would xxxx be xxxxxxxxxxxx with xxx data xxxxxxxxxx abilities xx the xxxxxx The xxxxxx would xxxx provide xxxx enhanced xxxx processing xxx audit xxxxx due xx emerging xxxxxxxxxxxx It xxx been xxxx forecasted xxxx in xxx future xxxxxxxxxx would xxxxxxx shift xxxxxxx paperless xxxxxx and xxxxxxxxxx Kiratsopoulou xxx Kjellberg xxxxxxxx auditing xxxxx in xxx future xxxxx provide xxxx enhanced xxxxx of xxxxxxxxxx that xxxxx also xxxxxxx the xxxxxxxxxx of xxxxx firms xxxxx with xxxxxxx information xxxxxxxxx Part xxxxxxxxxx Thus xx the xxxxxxxxxx gist xx the xxxxx discussed xxxxxxxx can xx provided xxxxx relevant xxx been xxxxxxx by xxxxxxxx literature xx the xxxxxxxxxx information xxxx has xxx ability xx not xxxx altering xxx expectations xxx also xxxxxxx change xx decision xxxxx s xxxxxxxxx In xxxxx to xxxxxxxxx that xxxxxxxxxx data xxxxxxxx in xxxxxxxxx statements xxx value xxxxxxxx this xxxxxxxxxxx are xxxxxxxx to xx related xx current xxxxx of xxxxxxx In xxxxxxx to xxxxxxxxxxx in xxx accounting xxxxxxxxxx it xxx be xxxxxx that xxx period xx digital xxxxxxxxxx result xx the xxxxxxx role xx accounting xxxxxxxxxx being xxxxx over xx software xx systems xxxxx disruptions xxxxxxx resulted xx incorporation xx new xxxxx in xxx functioning xx accountants xx order xx be xxxxxxxxxxx with xxx constantly xxxxxxxx technologies xxxxxxxxxx professionals xxx required xx be xxxxxx learner xxxxxxxx on xxxxxxxxx their xxxxxx The xxxxxxxx need xx learn xxx technologies xxx incorporate xx in xxx functioning xxxx as x disruption xx the xxxxxxxxx of xxxxxxxxxx professionals xxxxxxxxxxx the xxxxxxxxxxxxx advancements xxx resulting xx taking xxxx a xxxxx number xx repetitive xxxxx and xxxxx functioning xxxxx performed xx accountants xx software xx systems xxx shifting xx to xxxxxxxxxx which xx turn xx resulting xx reduced xxxxxx for xxxxxxxxxx professionals xx organizations xxxxx discussing xxxxx the xxxxxx of xxxxxxxx technological xxxxxxxxxxxx like xxxxxxxxxx intelligence xxxx analytics xxx tools xxx at xx inception xxxxx of xxxxxxxxxxxx the xxxxx field xxxx technological xxxxxxxxxxxx would xxxxxx in xxxxxxxx traditional xxxxxxxx process xxx shift xx towards xxxxxxxxx economy xx is xxxxxxxxxx that xxxxx would xxxxx towards xxxxxxxxx automated xxxxxxxxx in xxx future xxx to xxx technological xxxxxxxxxxxx taking xxxxx in xxx field xx is xxxxxxxxx result xx providing xxxx enhanced xxx evolved xxxxxxxx tools xx the xxxxxx With xxxxxxxxxxx of xxxxx tools xxxxx will xx a xxxxxxxx in xxxxx in xxx future xxx developments xx audit xxxxxxxxxx because xx enhanced xxxxxxxx tools xxxxx also xxxxxx in xxx services xxxxx provided xx them xxxxxxxxxx Cong x Du x amp xxxxxxxxxx M x Technological xxxxxxxxxx in xxxxxxxxxx and xxxxxxxx Journal xx Emerging xxxxxxxxxxxx in xxxxxxxxxx - xxx B x Polak x amp xxxxx M xxxxxxxxxxxxx on xxx value xxxxxxxxx of xxxxxxxxxx information xxxxxxxx from xxxxxxxxxxxx companies xx the xxxxxxxxx capital xxxxxx Investment xxxxxxxxxx and xxxxxxxxx Innovations xxx - xxxxx A xxxxxxxxxx S xxx Buscema x The xxxxx relevance xx financial xxxxxxxxxxx in xxxxxxxx waters xxx evidence xx Italian xxxxxxx Corporate xxxxxxxxx and xxxxxxx - xxxxxxxxxxxxx S xxx Kjellberg x The xxxxxx of xxxxxxxx A xxxxxxxxxxx Study xx the xxxxxxx Audit xxxxxxxxxx in x Digital xxxxx Kroon x Alves x D x amp xxxxxxx I xxx Impacts xx Emerging xxxxxxxxxxxx on xxxxxxxxxxx Role xxx Skills xxxxxxxxxx to xxxx Innovation x Systematic xxxxxxxxxx Review xxxxxxx of xxxx Innovation xxxxxxxxxx Market xxx Complexity xxxxxxxx D xxxxx R xxx Vasarhelyi x The xxxxxx of xxxxx JISTEM-Journal xx Information xxxxxxx and xxxxxxxxxx Management x Mansoori x amp xxxx D xxx Future xx Auditing xxxx Application xx Artificial xxxxxxxxxxxx and xxxx Analytics xxxxxxxxxxxxx Journal xx Applied xxxxxxxxxxx Research x Retrieved xxxx from xxxxxxx M xxx Hazelton x The xxxxxxxxxx and xxxxxxxxxxxxxx potential xx new xxxxxxxxxxxx for xxxxxxxxxx accountants xxx accountability x review xx current xxxxxxxxxx and xxxx for xxxxxxx research xxxxxxxx Accountancy xxxxxxxx Mirza x Malek x amp xxxxxxxxxxx M x Value xxxxxxxxx of xxxxxxxxx reporting xxxxxxxx from xxxxxxxx Cogent xxxxxxxxx amp xxxxxxx Mujiono x N xxx shifting xxxx of xxxxxxxxxxx in xxx era xx digital xxxxxxxxxx International xxxxxxx of xxxxxxxxxxxxxxxxx Applied xxxxxxxx and xxxxxxxxx Research xMore Articles From Accounting
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