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Auditing, Reasoning Systems, Reporting Frameworks, and Accounting Policy Risk: A Response to Alexander
Author(s) -
SMIELIAUSKAS WALLY,
CRAIG RUSSELL,
AMERNIC JOEL
Publication year - 2010
Publication title -
abacus
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.632
H-Index - 45
eISSN - 1467-6281
pISSN - 0001-3072
DOI - 10.1111/j.1467-6281.2010.00328.x
Subject(s) - accounting , audit , process (computing) , accounting information system , presentation (obstetrics) , business , computer science , medicine , radiology , operating system
This response to Alexander (2010) clarifies the approach taken in Smieliauskas et al . (2008). Here we elaborate further on the significance of the accounting risk concept for fairness of presentation in financial reporting. In the process we show how Alexander's potentially important concept of accounting policy risk can be made operational via the concept of accounting risk.