Evaluating Financial Reporting Quality: The Effects of Financial Expertise vs. Financial Literacy
By Linda Mcdaniel, Roger D. Martin, Laureen A. Maines. 2002
401 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/7c5875ea8b817ca47721734f0fd8bb582ae4a7e2
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Citations in the corpus
- Audit committee characteristics and firm performance during the global financial crisis (2012, unknown): “Research shows that the addition of financial experts (audit managers) and financial literates (MBA and graduates in commerce and accounting) changes the structure and focus of AC’s discussions (McDaniel et al. 2002).”
- Corporate Boards, Audit Committees, and Earnings Management: Pre- and Post-SOX Evidence (2010, unknown): “Also, because audit committee issues tend to be technical and complex, members require specialized knowledge in auditing and financial reporting to independently assess the importance of the issues presented to them (McDaniel et al., 2002; and Bull and Sharp, 1989).”
- Strengthening the Financial Reporting System: Can Audit Committees Deliver? (2010, unknown): “While most of the studies provide no information as to how AC competencies impact financial reporting, McDaniel et al. (2002) provide some evidence on how AC competencies may strengthen financial reporting quality by examining how financial”
- Do Auditors Price Audit Committee's Expertise? The Case of Accounting Vs. Non-Accounting Financial Experts (2009, unknown): “We focus on financial expertise rather than literacy because McDaniel et al. (2002) conclude that having financial experts on the audit committee is likely to bring a focus on issues that may receive a lower priority if financial literates were to serve on the audit committee.”
- Audit Committee Financial Expertise and Earnings Management: The Role of Status (2014, background): “22 Interestingly, McDaniel et al. (2002) find that financial literates (such as CEOs) are better than experts (i.”
- Predicting financial literacy in Australia (2006, methodology): “As such, knowledge is " . . . only to be tested against an individual's needs and circumstances rather against the entire array of financial products and services, some of which they will neither use nor need " (Roy Morgan Research 2003c, p. 2).”