http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
investigation of the Association of CPAs with real estate limited partnerships
The demand for accounting services outside the regulatory requirements is the subject of this research. Previous research has hypothesized a monitoring function, an information function, and an insurance function for non-required accounting services. Data from real estate limited partnerships was analyzed within the framework of the three hypothesized functions to determine the role of accounting services beyond regulatory compliance. Univariate and multivariate statistical analysis provided limited support for the monitoring function. Data collected from survey responses indicated that the perceived function of non-required accounting services is investor oriented. The responses suggested that investors expect the use of accounting services that the information provided by these services is useful for investor decision making.