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Management's Discussion and Analysis: Implications for Audit Practice and Research

Current Issues in Auditing 2 (2), A26 (2008);
doi: 10.2308/ciia.2008.2.2.A26

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SUMMARY: The quality of disclosures provided in the Management's Discussion and Analysis (MD&A) is a subject of continuing concern on the part of regulators. Furthermore, a variety of regulatory bodies have recently initiated discussion on the extent to which the auditor should be involved with MD&A disclosures. Academic research yields information about explicit and implicit information that may be useful to the auditor in boosting both the quality of disclosures and the quality of the audit. Taking advantage of this potential reciprocal interaction between disclosure quality and audit quality may forestall the need for additional regulatory action, thus conferring benefits upon both practitioners and the investing public. ©2008 American Accounting Association
History: Submitted 15 July 2008; accepted 7 October 2008; published 12 January 2009
Permalink: http://link.aip.org/link/CIAXXX/v2/i2/pA26/s1

PUBLICATION DATA

ISSN:
1936-1270 (online)
Publisher:
AIP is a member of CrossRef American Accounting Association

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