In this paper we provide a synthesis of the research that has been performed on business models and business model descriptions. We address a series of seven research questions aimed at exploring the nature of business models and business model descriptions to better understand how they are and...

An effective audit plan starts with understanding of the client's business risks. Though business risk assessment is a required component of audit risk assessment (ISA 315), there is little guidance regarding the best format for documenting business risks to support audit risk assessment; as a...