.... In this paper, we focus on the CFO’s core responsibility of overseeing home firm financial reporting quality, and we explore the types of situations where outside board service may lead to either learning opportunities or pressure to shirk on home firm duties. Our results should interest investors, auditors...

...Christopher G. Calvin; Matthew Holt SYNOPSIS We investigate how the geographic distribution of domain-specific internal audit education impacts financial reporting quality and audit efficiency in the U.S. Using universities with Centers for Internal Auditing Excellence as proxies for robust...

..., Seoul, Republic of Korea. financial reporting quality stock market participation households local bias We posit that high-quality financial reporting can lower the psychological and information barriers of stock market participation. As discussed previously, individual investors need trust...

..., indicating a nonlinear relation between ETRs and tax-related financial reporting quality. We also find evidence that tax-related restatements for low ETR firms reflect increased operational complexity that pervades the firm and results in an increased likelihood of tax and non-tax restatements. High ETR...

...Avishek Bhandari; Babak Mammadov; Maya Thevenot; Hamid Vakilzadeh SYNOPSIS With the increased focus on corporate culture as an important determinant of organizational behavior and outcomes, we study how corporate culture affects firm financial reporting quality. Relying on the Competing Values...

..., hospitals, and medical research organizations), a majority of public charities must prove that they are publicly supported. ² 2022 regulatory threshold nonprofit organizations financial reporting quality earnings management Nonprofit organizations face pressure from...

...Robert Felix; Mikhail Pevzner; Mengxin Zhao SYNOPSIS We examine the effect of audit committees' cultural diversity, as measured through ancestral cultural diversity of audit committee members, on firms' financial reporting quality. We find that audit committee cultural diversity is associated...

... event dates, suggesting that investors viewed the regulations as likely to reduce financial reporting quality rather than to drive audit efficiencies. Second, this negative market reaction is larger when ICFR effectiveness should matter most—when firms are more complex, have higher litigation risk...

... have lower financial reporting quality and tolerate more aggressive financial reporting practices, which likely influences audit risk. Given the GCs' influence on the financial reporting process, we posit that auditors of firms with GCs in top management increase the amount of effort they expend...

... 2017 2018 managerial ability financial distress audit fees financial reporting quality We are grateful to Brian W. Mayhew (editor) and two anonymous reviewers for their comments and suggestions that greatly improved the paper. Statement on Auditing Standards (SAS) No. 99...