... positive experiences, perceived to improve audit quality, when group auditors work collaboratively with the CA team during planning and fieldwork. Data availability: The data are not publicly available. The authors signed a nondisclosure agreement with the Foundation of Audit Research (FAR...

.... We would also like to thank the firms who participated in the research for their involvement, observations, and continual focus on audit quality. We are grateful for the accounting advisory council members at the University of Northern Colorado and the University of Northern Iowa for their insightful...

... client network benefit more from knowledge sharing in terms of improved audit quality. I further show that this effect only exists when similar clients in neighboring offices are larger in size and is more salient when there is a gap in expertise between the current auditing office and neighboring...

... group audits audit quality investor judgment lead auditor component auditor ACCOUNTING HORIZONS Vol. XX, No. XX MONTH YEAR pp. 1 12 American Accounting Association DOI: 10.2308/HORIZONS-2022-199 Who s Behind the Curtain? Investors Reactions to Group Audit Disclosures in the Form AP John D...

...Ashley A. Austin; Tina D. Carpenter; Margaret H. Christ; Christy S. Nielson SYNOPSIS Auditors struggle to respond skeptically to fraud, diminishing audit quality. This problem is particularly prevalent during the evidence evaluation phase of the audit, when auditors perceive intense time...

...Jorien L. Pruijssers; Ines Simac; Marleen Willekens SYNOPSIS We examine whether differences in HR systems among audit firms can affect client-level audit outcomes. Based on the audit quality framework of Knechel, Krishnan, Pevzner, Shefchik, and Velury (2013b) and the strategic HRM literature...

... examine whether frequent auditor switching impacts audit outcomes. We find that more frequent auditor switching is associated with lower audit quality, but that this effect is mitigated in the presence of higher internal and external monitoring. We also find that frequently switching companies have lower...

... is associated with audit quality. We document that a lower materiality threshold is associated with higher audit quality, as measured by lower absolute discretionary accruals, higher accruals quality, and a lower propensity to just meet or beat analysts’ earnings expectations. We also find some evidence...

...Bryan G. Brockbank; Chuong Do; Bradley P. Lawson SYNOPSIS Audit market concentration remains a concern due to its potential impact on audit quality. We examine whether audit market concentration influences properties of analysts’ forecasts. We find that analyst forecasts are more accurate and less...

... to the continued debate over effective market expansion of financial statement audit providers, audit quality determinants, and audit efficiencies. JEL Classifications: M4; M40; M41; M42; M49. We would like to thank Gopal V. Krishnan (editor), two anonymous reviewers, Marc Eulerich, Burch Kealey, Linda...

... likely to misstate and have lower discretionary accruals. These results suggest that IPO specialist auditors provide higher audit quality as a result of either increased audit effort (more hours) and/or through greater expertise (higher billing rate), and suggest that the audit fee premiums and reduced...

...Ku He; Xiaofei Pan; Gary Gang Tian; Yanling Wu; Chun Cai SYNOPSIS In this study, we propose a reciprocal rent-seeking game between politicians and individual auditors with political connections and examine how these auditors' political connections influence their audit quality. Using hand...

... diversity is an office-level characteristic that is distinguishable from other characteristics studied in the prior auditing literature and that has an incremental effect on audit quality. I find a positive association between team diversity and audit quality that is robust to controlling for other audit...

...Aleksandra B. Zimmerman; Amirali Moeini Chaghervand; R. Drew Sellers; Timothy J. Fogarty SYNOPSIS This study investigates accounting firm office acquisitions. It explores whether office acquisitions affect post-acquisition office audit quality, particularly whether there is a spillover effect...

... pressures negatively impact audit quality in the U.S. These findings provide further insight on the impact of engagement partner disclosure for audit quality. JEL Classifications: M41; M42. Recent research characterizes restatements as the most common, publicly observable indicator of poor audit...

..., suggesting that Big N auditors are more responsive to risks captured by EMR. Additional analyses reveal that companies switching auditors when EMR increases are more likely to engage non-Big N auditors. Surprisingly, we find little evidence that the association between audit quality and EMR differs...

...Jimmy F. Downes; Michelle A Draeger; Abbie E. Sadler SYNOPSIS We investigate whether audit committees use voluntary disclosures to signal the committees' higher level of involvement in the audit partner-selection process, which contributes to higher levels of audit quality. Audit committees more...

...Brian Ballou; Jonathan H. Grenier; Andrew Reffett SYNOPSIS Public accounting firms have developed reliable substantive tests using data and analytics based procedures to improve audit quality and efficiency. However, firms need to convince audit stakeholders that relying on data and analytics...

..., and greater fraud risk. Overall, our results may imply that investors prefer stronger government regulation when it comes to the assessments of a firm's internal controls over financial reporting. regulation internal control effectiveness financial reporting quality audit quality During periods...

...Yamin Zeng; Joseph H. Zhang; Junsheng Zhang; Mengyu Zhang SYNOPSIS Using Chinese data of key audit matters (KAM) reports, this study assesses whether the KAM rule improves audit quality and how KAM disclosures relate to audit quality. With textual analysis, we evaluate disclosure characteristics...