Question: Locate and read the article listed below and answer the following questions. Blay, A. D., M. A. Geiger, and D. S. North. 2011. The auditor's

Locate and read the article listed below and answer the following questions.
Blay, A. D., M. A. Geiger, and D. S. North. 2011. The auditor's going-concern opinion as a communication of risk. Auditing: A Journal of Practice and Theory 30 (2): 77-102.
a. What is the issue being addressed in the paper?
b. What are the findings of the paper?
c. Why is this paper important to auditors, and what are the implications of this paper for the auditing profession?
d. Describe the research methodology used as a basis for the conclusions.
e. Describe any limitations of the research.

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a The authors examine the value of a going concern audit opinion modification in capital markets Specifically the authors examine whether and how the market reacts to a firsttime going concern modific... View full answer

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