Financial Archives - Automation Consultants

Surprising new research finds women supporting women in business may backfire

Lynn — Tue, 31 May 2022 20:18:00 +0000

Female-founded startups funded by female venture capitalists are less likely to get additional financing Peer-Reviewed Publication Institute for Operations Research and the Management Sciences New INFORMS Journal Organization Science Study Key Takeaways: Businesses with female founders who receive funding from female rather than male venture capitalists are two times less likely to raise additional financing. When women […]

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Professor’s M-Score model remains most viable means of predicting corporate fraud

Lynn — Thu, 17 Feb 2022 22:02:00 +0000

Peer-Reviewed Publication Indiana University image: Daniel Beneish view more Credit: Indiana University FOR IMMEDIATE RELEASE BLOOMINGTON, Ind. — Enhanced oversight over the auditing profession and firms’ financial reporting has led to a proliferation of models to predict financial statement fraud. But one of the first forensic models, the M-Score, devised by an Indiana University Kelley School of Business professor […]

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Study highlights challenges of encouraging skepticism in auditors

Lynn — Wed, 18 Aug 2021 20:32:00 +0000

Good financial statement audits are essential to protect investors, and skeptical auditors are essential to good audits. A recent study finds that skepticism is being discouraged in auditors – and that there are unexpected challenges and opportunities for fostering skepticism in auditors moving forward. “In auditing, skepticism is about having the smarts to identify red […]

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