An Analytical Study of CPAs’Liability Insurance
碩士 === 國立臺北大學 === 會計學系 === 92 === The agency problems in the corporation can be mitigate by attestation information provided by CPAs. However, the rapid growth of lawsuit in the United States and the Europe in 80’s and 90’s has led to enthusiastic debates about CPAs’ legal liabilities. Recent revisi...
Main Authors: | , |
---|---|
Other Authors: | |
Format: | Others |
Language: | zh-TW |
Published: |
2004
|
Online Access: | http://ndltd.ncl.edu.tw/handle/89065247293854871977 |
id |
ndltd-TW-092NTPU0385017 |
---|---|
record_format |
oai_dc |
spelling |
ndltd-TW-092NTPU03850172015-10-13T13:27:33Z http://ndltd.ncl.edu.tw/handle/89065247293854871977 An Analytical Study of CPAs’Liability Insurance 會計師責任保險分析性研究 CHEN, WEI-CHEN 陳威臣 碩士 國立臺北大學 會計學系 92 The agency problems in the corporation can be mitigate by attestation information provided by CPAs. However, the rapid growth of lawsuit in the United States and the Europe in 80’s and 90’s has led to enthusiastic debates about CPAs’ legal liabilities. Recent revisions of CPA laws in Taiwan also focused on CPA’s legal liabilities and whether to establish the requirement about liability insurance. This research analyzes the interaction among CPAs’ audit effort, legal liabilities, and insurance company’s action using the game-theoretic approach. We found that pure strategy equilibrium can exist only when insurance company’s monitoring cost is extremely high, and therefore the CPAs wii not provide high effort in this case. On the other hand under moderate monitoring cost, we can derive several mixed strategy equilibria, which means the CPAs and insurance companies will choose to randomize between their actions. Generally, the probability for the CPAs to provide high effort is positive related to the cost of effort and negative related to the insurance companies monitoring cost. Conclusively the necessity of insurance requirement depend on the relevant range of CPA’s cost of effort and insurance companies monitoring cost. CHIU, SHIH-TSUNG 邱士宗 2004 學位論文 ; thesis 66 zh-TW |
collection |
NDLTD |
language |
zh-TW |
format |
Others
|
sources |
NDLTD |
description |
碩士 === 國立臺北大學 === 會計學系 === 92 === The agency problems in the corporation can be mitigate by attestation information provided by CPAs. However, the rapid growth of lawsuit in the United States and the Europe in 80’s and 90’s has led to enthusiastic debates about CPAs’ legal liabilities. Recent revisions of CPA laws in Taiwan also focused on CPA’s legal liabilities and whether to establish the requirement about liability insurance.
This research analyzes the interaction among CPAs’ audit effort, legal liabilities, and insurance company’s action using the game-theoretic approach. We found that pure strategy equilibrium can exist only when insurance company’s monitoring cost is extremely high, and therefore the CPAs wii not provide high effort in this case. On the other hand under moderate monitoring cost, we can derive several mixed strategy equilibria, which means the CPAs and insurance companies will choose to randomize between their actions. Generally, the probability for the CPAs to provide high effort is positive related to the cost of effort and negative related to the insurance companies monitoring cost. Conclusively the necessity of insurance requirement depend on the relevant range of CPA’s cost of effort and insurance companies monitoring cost.
|
author2 |
CHIU, SHIH-TSUNG |
author_facet |
CHIU, SHIH-TSUNG CHEN, WEI-CHEN 陳威臣 |
author |
CHEN, WEI-CHEN 陳威臣 |
spellingShingle |
CHEN, WEI-CHEN 陳威臣 An Analytical Study of CPAs’Liability Insurance |
author_sort |
CHEN, WEI-CHEN |
title |
An Analytical Study of CPAs’Liability Insurance |
title_short |
An Analytical Study of CPAs’Liability Insurance |
title_full |
An Analytical Study of CPAs’Liability Insurance |
title_fullStr |
An Analytical Study of CPAs’Liability Insurance |
title_full_unstemmed |
An Analytical Study of CPAs’Liability Insurance |
title_sort |
analytical study of cpas’liability insurance |
publishDate |
2004 |
url |
http://ndltd.ncl.edu.tw/handle/89065247293854871977 |
work_keys_str_mv |
AT chenweichen ananalyticalstudyofcpasliabilityinsurance AT chénwēichén ananalyticalstudyofcpasliabilityinsurance AT chenweichen huìjìshīzérènbǎoxiǎnfēnxīxìngyánjiū AT chénwēichén huìjìshīzérènbǎoxiǎnfēnxīxìngyánjiū AT chenweichen analyticalstudyofcpasliabilityinsurance AT chénwēichén analyticalstudyofcpasliabilityinsurance |
_version_ |
1717735835577614336 |