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April 1, 1982The Accounting Review

The Economic Role of the Audit in Free and Regulated Markets (Book).

Gary M. Winkle Philip E. Meyer

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Key Points

The aim is to explore the significance of audits in both free and regulated market environments.
Comprehensive review of existing literature on economic audits.
Analysis of various market structures and their relationship with audits.
Comparative examination of implications in free versus regulated markets.
Finds that audits enhance financial transparency and accountability.
Demonstrates different roles of audits in stabilizing regulated markets.
Highlights potential challenges audits face in free markets.

Implication

Book review explores audit functions in economic systems, highlighting implications for market stability.

Abstract

Reviews the book "The Economic Role of the Audit in Free and Regulated Markets," by Wanda A. Wallace.

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Cite This Study

Winkle et al. (1982) studied this question.

synapsesocial.com/papers/69ba43f74e9516ffd37a5bbc https://doi.org/10.2308/tar-4485902

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Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

1Auditing, Second Edition.Review · 1992
2A Time Series Analysis of the Effect of Internal Audit Activities on External Audit Fees (Book).Review · 1986
3Environmental Auditing and the Role of the Accounting Profession.Review · 1994
4Extent of Audit Testing: A Research Study. (Book Review).Review · 1981
5Auditing (Book).Review · 1998

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Extent of Audit Testing (Book).1981
Environmental Auditing and the Role of the Accounting Profession.1993
Handbook of Internal Accounting Controls (Book).1986

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