...Janet Gao; Kenneth J. Merkley; Joseph Pacelli; Joseph H. Schroeder ABSTRACT In this study, we examine whether firms respond to internal control weaknesses (ICWs) by requiring accounting-specific skills when hiring rank-and-file employees. Using unique data containing an extensive collection of job...

...Elizabeth N. Cowle; Stephen P. Rowe ABSTRACT We examine the reputational impact of an audit office issuing adverse internal control opinions (adverse ICOs). While prior research has examined how clients that receive an adverse ICO respond, we focus on clients that did not receive an adverse ICO...

...Robert R. Carnes; Dane M. Christensen; Phillip T. Lamoreaux ABSTRACT Because internal control audits never existed before the passage of the Sarbanes-Oxley Act (SOX), and these audits simultaneously became mandatory for all U.S. accelerated filer companies, it has been difficult to assess...

...Andrew M. Bauer; Darren Henderson; Daniel P. Lynch ABSTRACT Internal controls influence information quality, thus affecting the ability of supply chain partners, who rely on collaborative systems of information sharing, to reliably contract. Using SOX-related internal control assessments...

... to identify the inappropriateness of the persuasion attempt when the tactic is used by an alumni-affiliated manager. management affiliation professional skepticism auditor alumni internal control persuasion tactic We thank the auditors for participating in our study and the audit partners who...

...Lawrence A. Gordon; Amanda L. Wilford ABSTRACT The primary objective of the current study is to empirically reexamine the relation between material weaknesses in internal control (MW) and cost of equity (CE). We direct particular emphasis to the way non-remediation, as well as remediation, of MW...