The purpose of this study is to explore the role of target costing in managing product costs while promoting quality specifications that will meet customer requirements. In addition, it aims to develop a target costing module that will simplify implementation of target costing especially in...

In this paper, we analyze whether the voluntary purchase of audit reviews lowers firms' cost of debt. An audit review is a tool through which boards assess interim financial reports' quality on a timely basis throughout the year. The voluntary purchase of an audit review is therefore likely to...