...Elizabeth N. Cowle; Ryan P. Decker; Stephen P. Rowe SYNOPSIS Regulators have long expressed concerns about auditor changes and the detrimental impact of opinion shopping on the audit market. Whereas prior studies have examined how single-instance auditor switching impacts audit outcomes, we...

... quality machine learning misstatement risk risk assessment audit fees auditor changes Auditors expend significant resources to appropriately identify and respond to audit risk because the costs of failed audits are high. Audit risk is the risk that the auditor will issue an unqualified...