...Yuntian Li; Bing Luo; Zvi Singer; Jing Zhang SUMMARY We investigate the relationship between critical audit matters (CAMs) and accruals quality. We find that companies with a higher number of CAMs in their audit reports are associated with poorer accruals quality, and this association appears...

... weakness restatement accruals quality employee financial stress A survey by the American Psychological Association (APA) (2015) determines that nearly three-quarters of adults report feeling stressed about money. Financial pressure is pervasive and has wide-ranging economic, social...

... with lower accruals quality and among firms with high business operation concentration in their headquarter states. Collectively, our findings suggest that climate risk in the form of drought not only affects firm risk but also audit risk, thereby highlighting that externalities from climatic conditions...

... internal control reporting and accruals quality in an alternative internal control regime based on the “comply-or-explain principle” in The Netherlands. We show that in this setting accruals quality is not associated with the description of the internal control system, while there is evidence of a positive...