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Auditor risk with mortgage‐backed M&As
Author(s) -
Metcalf Lance B.,
Liner Bryne J.
Publication year - 2009
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/jcaf.20498
Subject(s) - audit , business , service (business) , accounting , financial system , actuarial science , marketing
All professional service advisors have experienced the devastating impact of the credit crisis upon the economy. But auditors are particularly affected—especially by merger‐and‐acquisition (M&A) transactions for targets with mortgage‐backed securities. The authors discuss the current M&A environment for these transactions, look at auditors' risks, and examine possible solutions. © 2009 Wiley Periodicals, Inc.