Discovery Projects - Grant ID: DP0452053

Funding Activity

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Funded Activity Summary

A Longitudinal Study of Recurrent Audit Failure in Australian Corporate Collapses from 1885 to the Present. As starkly illustrated with Enron in the US and with HIH in Australia, corporate collapse and audit failure may be interrelated. In response to repeated instances of audit failure, legislative and other reforms are typically adopted in order to ensure that auditor indiscretions are curtailed. Unfortunately, audit failure persists. This longitudinal Australian study of audit failure in the context of corporate collapse from the mid 1880s aims to enhance an understanding of audit failure and why it recurs. The study's findings are expected to inform future enquires and court cases and assist in developing public policy and future legislative reforms.

Funded Activity Details

Start Date: 04-2004

End Date: 12-2005

Funding Scheme: Discovery Projects

Funding Amount: $95,000.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Auditing And Accountability | History: Australian | Accounting, Auditing and Accountability | Public Policy

ANZSRC Socio-Economic Objective (SEO)

Business ethics |