Latest news and research

 

MARCH 2019 - Professor Chris Humphrey has written a piece for the the AuditFutures blog about the importance of rethinking audit

In his article, Professor Humphrey emphasises the importance of asking the right questions and cautions against quick-fix solutions (no matter how much of a political imperative there is). he argues that "It is also essential not to focus on audit in isolation of other elements of corporate governance and responsibilities of corporations and their boards of directors – and, most importantly, not to regard today’s conception of auditing as being definitive and beyond question." You can read the piece here
 
 

MARCH 2019 - New research examines whether corporate social responsibility (CSR) disclosure affects the valuation decision of foreign investors in China's segmented market

A new paper written by Alliance Manchester Business School's Edward Lee, Alice Liang Xu and Cheng (Colin) Zeng with Weixing Cai from Guangdong suggests that CSR disclosure reduces the information disadvantage of foreign investors and facilitates cross-border investment. The paper is due to be published in the Journal of International Accounting, Auditing and Taxation later this year but can be viewed here
 
 

FEBRUARY 2019 - Professor Anne Stafford on panel at ACCA 9th International Public Sector Conference 2019

Anne Stafford, Professor of Accounting and Finance at Alliance Manchester Business School was a guest panellist discussing Infrastructure projects at the ACCA 9th International Public Sector Conference held in Prague on 28th February 2019. More information is available here
 
 

FEBRUARY 2019 - Are four eyes better than two?

Alliance Manchester Business School's Dr. Javed Siddiqui analyses recent empirical research on the impact of joint audits & also responses to the Competition and Markets Authority 2018 consultation.
You can read his paper here
 
 

FEBRUARY 2019 - Professor Chris Humphrey appointed to UK Audit Market Review Advisory Board

Chris Humphrey, Professor of Accounting, has been appointed to the advisory board of the Independent Review into the Quality and Effectiveness of the UK Audit Market, which is being led by Sir Donald Brydon. It follows reviews of the audit market by the Competitions and Markets Authority, a review by Sir John Kingman of the future of the Financial Reporting Council and a House of Commons Business, Energy and Industrial Strategy Committee Inquiry into the Future of Audit (which Professor Humphrey gave evidence to on 15th January 2019).

The appointment has been reported in Accountancy Age and Economia .

Chris also featured on BBC Radio 4’s The Bottom Line in the programme “Are auditors fit for purpose?” on Thursday 21st February. You can hear the programme here
 
 

FEBRUARY 2019 - Dr Jodie Moll presents her research findings on whistleblowing to the Manchester branch of the Chartered Institute for Securities and Investment

Jodie presented her research findings as part of this two-hour event, co-hosted with RBC Global Asset Management. The theme of the event was Whistleblowing and Best Practice in Stewardship and Corporate Governance. A panel event moderated by David Gorman from Castlefield Investment Partners featured panellists Claudia Chapman(Corporate Governance Policy Advisor, Financial Reporting Council), Simon Holman (Fund Manager, Castlefield Investment Partners) and Simon Gregory (Managing Director, Head of Product Specialists at RBC Global Asset Management). More details here
 
 

JANUARY 2019 - Reining in the “super boss” through better corporate governance

Professor Kostas Stathopoulos writes about the risks of unregulated CEO power in the FT. Article available here
 
 

JANUARY 2019-Professor Christopher Humphrey speaks to Commons BEIS Committee as part of the Future of Audit Inquiry

Leading expert in audit and accounting research Professor Christopher Humphrey spoke to the Business, Energy and Industrial Strategy Committee on January 15th in what was the first hearing of the committee's future of audit inquiry. You can see a video recording  of the session here
 
 

JANUARY 2019- Could AMBS research influence the SEC decision to move to six-monthly reporting?

A paper about Interim Management Statements written by Dr. Thomas Schleicher and Emeritus Professor Martin Walker has been cited in a Securities and Exchange Commission (SEC) request for comment following pressure from President Trump to “stop quarterly reporting and go to a six month system”.
 
Read more here