Ho, Shirley J.; Mallick, Sushanta K. - In: The International Journal of Accounting 50 (2015) 1, pp. 53-74
This paper proposes a copayment scheme to prevent collusion in auditing contracts, offering as a solution to financial misreporting. In the copayment scheme, both the client firm and a third party, such as PCAOB, are asked to share the auditing fee. The key feature of the copayment scheme is...
