CAR and DART Researchers at the IWP Practitioners’ Forum in Vienna
In May, the Institut Österreichischer Wirtschaftsprüfer (IWP) held its fifth science forum in Vienna, with the aim of fostering the discussion and exchange of ideas concerning issues in auditing between practitioners and researchers. In this year’s program, three out of four presentations were given by CAR and DART researchers. David Windisch presented a paper (jointly written with Alfred Wagenhofer and Christian Groß) that investigates how earnings management in externally reported earnings relates to measurement of internal segment performance. Felix Niggemann provided new insights into the strategic interrelation among financial reporting, tax, and audit processes, and Reinhard Schrank demonstrated how the effective sharing of liability between the auditor and the firm can affect internal controls and audit quality.