(Kooperative) Prüfung der Rechnungslegungspolitik durch Aufsichtsrat und Abschlussprüfer: Eine normative und empirische Bestandsaufnahme unter besonderer Berücksichtigung der Gewinnverwendungspolitik
Research output: Journal contributions › Journal articles › Research › peer-review
Authors
In opposite to the external auditor, the supervisory board of German stock companies has to evaluate the legality, regularity and functionality of the earnings management with regard to his widespread supervision duties. However, the evaluation of the earnings appropriation policy by the supervisory board is hardly discussed in literature. The essential importance of the supervisory board's audit can be explained by the earnings appropriation proposal of the management board. According to the German commercial law commentaries, this proposal is not a mandatory audit objective of the external auditor. The present article contains a normative analysis of the range and interdependences of both audits and the results of an interview of 30 HDAX supervisory boards and "big four" auditors, reflecting the degree of the assisting role of the external auditor to the supervisory board.
| Translated title of the contribution | (Cooperative) audit of earnings management by supervisory board and external auditor - A normative and empirical analysis with respect to the profit distribution management |
|---|---|
| Original language | German |
| Journal | Betriebswirtschaftliche Forschung und Praxis |
| Volume | 64 |
| Issue number | 4 |
| Pages (from-to) | 402-425 |
| Number of pages | 24 |
| ISSN | 0340-5370 |
| Publication status | Published - 13.08.2012 |
| Externally published | Yes |
- Management studies