Tag Archives: financial

Williamson v. Tucker – A 2022 Interpretation From Colorado

By | August 29, 2022

Williamson v. Tucker, 645 F.2d 404 (5th Cir. 1981) (referred to herein as “Williamson”) stands for the proposition that owner’s interests in joint ventures organized as general partnerships where the general partners participate in the management of the assets involved should not be treated as “securities” for regulation under federal and state law. Many courts… Read More »

How is the Audit Market Affected by Characteristics of the Non-Audit Services Market

By | July 20, 2021

Researchers, regulators, and practitioners have long-standing concerns about the negative effects of non-audit services (NAS) on audit quality. On the one hand, payments for NAS by client firms can impair auditor independence and motivate auditors to ignore client deficiencies. On the other hand, knowledge transfer across audit and NAS employees at the same firm can… Read More »