Keywords: ICFR audit
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Journal Articles
Managerial Auditing Journal (2020) 35 (4): 499–520.
Published: 31 January 2020
... and receiving adverse opinions on ICFR audits in multiple years during the sample period 2007-2015. We identify 373 firms (965 firm-years) that we label as “Repeat Offenders”. We define Repeat Offenders as firms reporting at least one material weakness in ICFR (MWICFR) and receiving an adverse ICFR opinion from...

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