ABSTRACT
Specialization by auditors to enhance their technological expertise could be defined in a variety of ways, such as specialization in particular income statement or balance sheet accounts (net pension liability, for example, or valuation of intangibles); or in specific aspects of the audit engagement (e.g., the accounting for foreign subsidiaries, mergers, or research and development expenditures). It has most often, however, been defined in the literature as industry specialization.
