Accounting professor improves global auditing standards

March 15, 2019

Spider Pride

Professors throughout campus lead the charge for changes in their industries — advocating for continual learning and improvement.

Over in the b-school, accounting professor Marshall Geiger is working to do just that — he’s studying the factors that influence how auditors evaluate financially distressed companies with the help of an international grant from the Foundation for Auditing Research, based in the Netherlands. The goal of studying these human factors is accurate audits that better signal when companies are failing.

“Declaring a GCO (going concern opinion) is a statement by the auditor that a company is at serious risk of going bankrupt in the next 12 months,” Geiger said. “It’s a declaration no company wants.”

We’re proud of Dr. Geiger for working to create best practices for others in his field!

Read more about his research