...Li Dang; Kevin F. Brown; B.D. McCullough Purpose The purpose of this paper is to examine the value relevance of accounting information in cases of apparent audit failures. Design/methodology/approach The authors adopt the bootstrapping technique and compare the value relevance of key...

... considerations in determining whether the financial statements are materially misstated[8]. © Emerald Group Publishing Limited 2008 Accounting Auditing Accounting information In this paper, our emphasis is upon the planning phase measure of materiality. This is the measure used to design...

..., such as managerial effectiveness (see Hughes et al., 2002 for technical details). Donal Byard can be contacted at: donal_byard@baruch.cuny.edu © Emerald Group Publishing Limited 2007 Financial reporting Financial analysis Accounting information Financial analysts play...