Management forecasts, Auditing, Loan decisions, Audited management forecasts

Evaluates the extent to which analytical procedures used by auditors provide correct signals as to the existence of material misstatements under `best case' circumstances. Expectation models; Materiality definitions for error seedlings; Accounting error types.

Auditing, Materiality, Changes in accounting principle, Big Eight

Comments on the article entitled `The Influence of the Source of Professional Standards on Juror Decision making,' by Buckless and Peace published in the January 1993 issue of the `The Accounting Review' periodical. Questions concerning the actual manipulations of the source of professional standards, the judge's instruction variable and inferences by the authors.

Reviews the book "Research to Support Standard Setting in Financial Accounting: A Canadian Perspective," edited by Sanjoy Basu and J. Alex Milburn.

Court actions in the last decade and a half have resulted in an increasingly complex legal environment for the independent auditor. The ordinary amount of class time available to auditing instructors is too short to cover book-length treatments of this environment. This paper presents and describes a matrix which has proved useful in concisely describing many of the subtleties of the environment.

Interim reporting, Auditing, Auditor association

Sue McKinley, Kurt Pany, Philip M. J. Reckers, An Examination of the Influence of CPA Firm Type, Size, and MAS Provision on Loan Officer Decisions and Perceptions, Journal of Accounting Research, Vol. 23, No. 2 (Autumn, 1985), pp. 887-896

The American Institute of Certified Public Accountants has indicated that auditor independence, both actual and perceived, is necessary to maximize the benefit of auditor association. This paper reports the results of a study of stockholder perceptions of the effect of relative client size, gifts, and purchase discount arrangements on auditor independence. The findings indicate that gifts and discount arrangements of even a minimal amount significantly affected users' perceptions of auditor independence. The effect of client size was not significant.