Using a measure of social capital provided by the Northeast Regional Center for Rural Development, we document that, after controlling for auditor effort, firms headquartered in U.S. counties with higher social capital are less likely to have ineffective internal control over financial reporting...

"Organizations have many different business processes, such as completing a sale, purchasing raw materials, paying employees, and paying vendors. Each business process has either a direct or an indirect effect on the financial status of the organization. For example, completing a sale directly...

The current study reviews prior literature to analyze its findings and presents the results in a thematic analysis pattern to make comprehension of findings convenient. The paper makes important contributions by investigating the connections between the General Auditing Software (GAS) and the...

Lehman Brother's corporate governance mechanisms and internal controls had several flaws that led to the downfall of the organization. The company lacked corporate governance measures that could highlight the fraudulent activities within the company. Corporate governance in any organization is...