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 xxxxx s xxxxxxxx to xxxxxxx to xxx information xx financial xxxxxxxxxxx of xxxxxxx Value xxxxxxxxx analysis xxx also xx referred xx the xxxxxx capability xx financial xxxxxxxxxx to xxxxxxxxxx or xxxxxxxx data xxxxxxxxx the xxxxx of xxxxxx securities xxx to xxxx the xxxxxx of xxxxxxxxxxx between xxxxxx market xxxxx and xxxxxxxxx information xxx be xxxxxxxx as xx indicator xx the xxxxxxxxx of xxxxxxxxxxx of xxx financial xxxxxxxxx on xxx formation xx the xxxxxx value xx the xxxxxxx Giosi xxxxxxxxxx amp 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 amp xxxxxxxxxxx There xx a xxxxxxxxx in xxxxx relevance xxxx companies xxx associated xx practices xxxxxxxxx earning xxxxxxxxxx and xxxx part xxx earnings xx not xxxxxxxx because xx these xxxxxxxxx On xxx basis xx conceptual xxxxxxxxx the xxx of xxxxxxxxx reporting xx to xxxxxxx essential xxxxxxxxxxx for xxxxx particularly xxxxxxxxx and xxxxxxxxx while xxxxxx investment xxxxxxxxx Giosi xxxxxxxxxx amp 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 xxx Masri xx has xxxx been xxxxxxxx in xxxx regards xxxx a xxxx valuation xxxx is xxxxx played xx cash xxxx that xxxxx it xx inappropriate xxxxxxxxxx in xxxxxxxxx model xxxxx studying xxxxx relevance xx financial xxxxxxx it xxx also xxxx observed xxxx combined xxxxxxxx and xxxx value xxx more xxxxx relevant xx compared xx combined xxxx flow xxx book xxxx While xxxxxxxxx the xxxxxxxx and xxxxxxxx patterns xx value xxxxxxxxx of xxxxxxxxxx information xx has xxxx observed xxxx there xxx been x rise xx the xxxxx relevance xx cash xxxx and xxxxxxxx cash xxxx and xxxx value xx Singapore xx regards xx disruptions xx the xxxxxxxxxx profession xxx period xx industrial xxxxxxxxxx that xxxxxxxxxx the xxxxxxx for xxx execution xx digital xxxxxxx in xxx be xxxxxxxxxx as xxx initiation xxx the xxxxxx digital xxxxxxxxxx The xxxxxx of xxxxxxx disruption xxxx the xxxxxxx role xx the xxxxxxxxxx taken xxxx by xxxxxxxx or xxxxxx It xx because xx this xxxxxxxxxx which xxx cause xxxxxxx among x large xxxxxxx of xxxxxxxxxxx as xxxxxxxxx functioning xx systems xxx replacing xxxxx work xxx mentioned xxxxxxx results xx lay xxx of xxxxx number xx workers xxxxxxxxx in xxxxxxxxx under xxx profile xx accountants xxx COVID- xxxxxxxx changed xxx functioning xx businesses xx a xxxxxxx level xxx made xxxx shift xx opt xxx digital xxxxxxxxxxx because xx the xxxxxxxxxxx associated xxxx the xxxxxxxx that xxx be xxxxxxxx to xx digital xxxxxxxxxx The xxxxxx of xxx data xxx resulted xx a xxxxx in xxx desired xxxxxxxxxx profile xxxx the xxxxxxxxxx and xxxxxxxxxx accountant xx Mujiono xxxx advancements xxxx it xxxxxxxxx for xxxxxxxxxx accountant xx have xx gain xxxxxxxxx technology xxxxxx and xxxxxxxx analytics xxxxxxxxxxxx The xxxxxxxx role xx management xxxxxxxxxxx demanded x dramatic xxxxxx on xxx profession xxxxx 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 xxx Martins xxxxxxxxx about xxx evolving xxxxxxxxxxxx and xxx need xxx accountants xx be xxxx to xxxxxxxxxx adapt xx these xxxxxxxxxxxx This xxxxxxxx need xx adapt xx these xxxxxxxxxxxx and xxxxxxxxxx changes xx their xxxxxxxxxxx acts xx a xxxxxxxxxx in xxxxx operation xx is xxxx these xxxxxxxx technologies xxxxxxxxxxx are xxxxxx to xxxxx to xxxxx changes xxx transform xxxxx skills xxxxxxx such xxxxxxx can xx disruptive xx nature xxxxxxx amp 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 xxx Vasarhelyi xxxxx technologies x e xxxxxx media xxx visualization xxxxxxxxxxxx may xxxxxxx accountants xx the xxxxx of xxxxxxxxx and xxxxxx of xxxxxxxxxxx smart xxxxxxxx with xxx help xx these xxxxxxxxxxxx may xxxx the xxxxx of xxxxxxx and xxxxxxxxxxx Furthermore xxxxx technologies xxxx not xxxx technical xxxxxxxxxx for xxxxxxxxxxx to xxxxxxxx of xx but xxxx moral xxxxxxxxxx In xxx process xxx burden xx learning xxx technologies xxxxxxxxxxx would xx forced xx make xxxxxxx choices xx an xxxxxxxx the xxx of xxxxx chain xx a xxxx for xxxxxxx or xxxxxxxx or xxx of xxxxxxxx as x tool xx disseminate xxxx news xx use xx as x medium xxx getting xxxxxxxx in xxxxxxxx While xxxxxxxxxx about xxxxxxxx technologies xxx its xxxxxx on xxxxxxx arenas xx functioning xxx future xx auditing xx also xxxxxx to xx required xx be xxxxxxxxx The xxxxxxxxxxx of xx data xxxxxxxxx and xxxxxxxxxx tool xx auditing xx at x preliminary xxxxx and xxxx time xx required xx completely xxxxxx the xxxxx of xxxxxxxx with xxxxx application xx can xxxxxxxxxx in xxxxxxxx by xxxxxxxx enhanced xxxxxxxxxxx of xxxxxxxx might xxxxxxxxx the xxxx of xxxxxxxx assurance xxx contribute xx more xxxxx adding xxxxxxxx to xxx firm xxx introduce xxx requirements xx the xxxxxxxx industry xxxxxxxx amp 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 xxx Vasarhelyi xxx forward xxxx according xx the xxxxxxxxxxxx of xxx study xxx currently xxxx automation xxxxx used xx auditors xxxx risk xxxxxxxxxx and xxxxxxxx aid xxxxx would xxxxxxxx to xxxxxx during xxx next xxxxxx with xxxxxxxxxxxxx information xxxxxxxxx having xxxxx down xxxxxxxxx would xx more xxxxxxxx used xxx such xxxxxxxxxxx There xxxx been xxxxxxxxxxxx in xxxxx education xxx presently xxxxx has xxxx a xxxxxx incorporation xx the xxx of xxxxxxxxxx and xxxxxxxx with xxx electives xx assist xxxxxxxx students xxxx improved xxxxxxxxxxx for xxxxxxxxxx audit xx order xx remain xxxxxxxxxxx with xxx constantly xxxxxxxx technologies xxxxx auditor xxxxxxxxxx training xxxxx be xxxxxxxx particularly xxx experienced xxxxxxxx It xxx also xxxx forecasted xxxx during xxx next xxxxxx though xxxxxxxxxx would xxxxxxxx to xx an xxxxxxxx part xx the xxxxx process xxxxxxx it xxxxx not xxxxxxxx the xxxxxxxx innate xx the xxxxxxx of xxxxxxxx In xxxxx of xxx constant xxxxxxxxxxxxx advancements xxxxxxxx from xxxxx professionals xxxxx continue xx be xxxxxxxxx The xxxxxxxxxxxx of xxx study xxxx opined xxxx the xxxxxxxxxxx between xxxxxxxx and xxxxxxxx audit xxxxx continue xx develop xxxx more xxxxxxxxxxxxxx would xx shifted xx the xxxxxxxxxxx of xxxxxxxx audit xxxxxxxxxxxxx amp 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 amp xxxxxxxxx Enhanced xxxxxxxx tools xx the xxxxxx would xxxxxxx with xxxxxxxx level xx assurances xxxx would xxxx improve xxx legitimacy xx audit xxxxx along xxxx reduced xxxxxxxxxxx asymmetry xxxx Conclusion xxxx in xxx conclusion xxxx of xxx above xxxxxxxxx concepts xxx be xxxxxxxx Value xxxxxxxx has xxxx defined xx academic xxxxxxxxxx as xxx accounting xxxxxxxxxxx that xxx the xxxxxxx of xxx just xxxxxxxx the xxxxxxxxxxxx but xxxx promote xxxxxx in xxxxxxxx maker 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 xxx Vasarhelyi x A xxxxxxxxxxxxx disruption xx accounting xxx auditing xxxxxxx of xxxxxxxx Technologies xx Accounting x Der x A xxxxx P xxx 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 amp xxxxxxx I xxx value xxxxxxxxx of xxxxxxxxx information xx troubled xxxxxx The xxxxxxxx of xxxxxxx Context xxxxxxxxx Ownership xxx Control x Kiratsopoulou x amp 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 xxx Martins x The xxxxxxx of xxxxxxxx Technologies xx Accountants xxxxx Role xxx Skills xxxxxxxxxx to xxxx Innovation xxxxx A xxxxxxxxxx Literature xxxxxx Journal xx Open xxxxxxxxxx Technology xxxxxx and xxxxxxxxxx Lombardi x Bloch x amp xxx Vasarhelyi x The xxxxxx of xxxxx JISTEM-Journal xx Information xxxxxxx and xxxxxxxxxx Management x Mansoori x amp xxx Khan x The xxxxxx of xxxxxxxx with xxxxxxxxxxx of xxxxxxxxxx Intelligence xxx Data xxxxxxxxx International xxxxxxx Of xxxxxxx Engineering xxxxxxxx - xxxxxxxxx June xxxx Marrone x amp 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 xxx Abdul-Hamid x A xxxxx relevance xx financial xxxxxxxxx Evidence xxxx Malaysia xxxxxx Economics xxx 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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