Tag: auditors

Intellectual property not fully protected in the EU

Posted on by Haptic

Intellectual property rights play a big role in a knowledge-based economy: they ensure that businesses and designers are able to profit from their creations. They also provide assurances to consumers in terms of quality and safety. But in a special report published today, the European Court of Auditors warns that the EU’s legal framework for Read more about Intellectual property not fully protected in the EU[…]

innovation audit

How do Audit Offices Respond to Audit Fee Pressure?

Posted on by Haptic

Firms hire auditors to create independent assessments of their financial statements, providing assurance to investors and outside parties that they are free from material misstatement. However — especially since the economic downturn — companies pressure auditors to lower their fees as a way to reduce costs. Auditors, in turn, place greater emphasis on more-profitable non-audit Read more about How do Audit Offices Respond to Audit Fee Pressure?[…]