IDEAS home Printed from https://ideas.repec.org/a/taf/accted/v21y2012i2p111-129.html
   My bibliography  Save this article

A Real-life Case Study of Audit Interactions—Resolving Messy, Complex Problems

Author

Listed:
  • Vivien Beattie
  • Stella Fearnley
  • Tony Hines

Abstract

Real-life accounting and auditing problems are often complex and messy, requiring the synthesis of technical knowledge in addition to the application of generic skills. To help students acquire the necessary skills to deal with these problems effectively, educators have called for the use of case-based methods. Cases based on real situations (such as the one presented in this paper) are viewed as being of most educational value. This case is based on interviews with each of the three key parties involved with the final stage of the audit—the finance director, the audit engagement partner and the audit committee chair. The valuation of intangibles in business combinations (IFRS 3) is the issue which causes the audit interactions described. Although some suggestions are included, the case may be used very flexibly, depending on time constraints, the nature of the course and programme in which the case is embedded, and instructor preferences.

Suggested Citation

  • Vivien Beattie & Stella Fearnley & Tony Hines, 2012. "A Real-life Case Study of Audit Interactions—Resolving Messy, Complex Problems," Accounting Education, Taylor & Francis Journals, vol. 21(2), pages 111-129, June.
  • Handle: RePEc:taf:accted:v:21:y:2012:i:2:p:111-129 DOI: 10.1080/09639284.2011.603468
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/09639284.2011.603468
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. John F. Tomer, 2003. "Personal Capital and Emotional Intelligence: An Increasingly Important Intangible Source of Economic Growth," Eastern Economic Journal, Eastern Economic Association, vol. 29(3), pages 453-470, Summer.
    2. Yew Ming Chia, 2005. "Job offers of multi-national accounting firms: the effects of emotional intelligence, extra-curricular activities, and academic performance," Accounting Education, Taylor & Francis Journals, vol. 14(1), pages 75-93.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:accted:v:21:y:2012:i:2:p:111-129. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst). General contact details of provider: http://www.tandfonline.com/RAED20 .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.