...Philip Keunho Chung; Marshall A. Geiger; Gyung H. (Daniel) Paik; Collin Rabe SYNOPSIS This paper provides empirical evidence on the materiality thresholds adopted in “change in accounting estimate” (CAE) disclosures. We also investigate the characteristics of the disclosing firms...

...Christine E. L. Tan; Susan M. Young SYNOPSIS “Little r” restatements occur when a firm's immaterial errors accumulate to a material error in a given year. Unlike “Big R” restatements that must be reported through an SEC 8-K material event filing, little r restatements do not require an 8-K form...

...@loyola.edu The authors thank Trevor Stewart for his helpful comments and insight. January 2015 February 2015 2015 Big Data accounting standards auditing standards materiality continuous audit The level, breadth, and quality of externally presented financial...

... statistical sampling materiality audit misstatements Audit sampling is a fundamental audit testing procedure. Over the last two decades there have been significant changes in audit approaches, including strategic systems auditing in the 1990s ( Bell, Marrs, Solomon, and Thomas 1997 ) and federally...

.... The value of this elevated tier of disclosure would be enforced through a legal regime that penalizes firms for (1) not elevating information that is sufficiently newsworthy according to a materiality standard set by a regulator, (2) elevating excessive amounts of information that would effectively render...