Question: Locate and read the article listed below and answer the following questions. Knechel, W.R. and M. Willekens. 2006. The Role of Risk Management and Governance

Locate and read the article listed below and answer the following questions.

Knechel, W.R. and M. Willekens. 2006. The Role of Risk Management and Governance in Determining Audit Demand. Journal of Business Finance & Accounting 33 (9) and (10): 1344-1367.

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 issue being addressed is the role that risk internal controls and risk management within a company has on external audit demand and therefore audit fees Much research has been done on factors th... View full answer

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