Problems of evidence-based regulation in the field of accounting and auditing

Since the Wirecard accounting scandal, the expression "evidence -based regulation" has become a dazzling term within accounting research. The demand for evidence -based regulation essentially means that political and regulatory decision -makers should base their decisions as far as possible on the results of empirical studies or at least incorporate them into their actions. The following article examines the limits of empirical -quantitative studies and the resulting difficulties of evidence -based regulation in accounting and auditing.