...Stefano Azzali; Tatiana Mazza; Kenneth J. Reichelt; Dechun Wang SUMMARY We examine the effect IFRS adoption has had on audit effort and the effectiveness of greater audit effort on constraining earnings management. We find that following Italy's adoption of IFRS, audit hours (but not the hourly...

... are in general more efficient in audit production. However, we find weak evidence that audit hours for expert auditors are lower in industries and companies with homogenous operations and comparable accounting than in other industries and companies. This finding suggests that knowledge transfers more likely take...

... audit hours audit quality abnormal accruals This study relates to two strands of literature. One strand of research works to uncover the impact of social ties on the business decisions of economic agents in broader economic settings. The other strand examines how a CEO's social ties...

...Soo Young Kwon; Youngdeok Lim; Roger Simnett SUMMARY: Using a unique setting in which mandatory audit firm rotation was required from 2006–2010, and in which both audit fees and audit hours were disclosed (South Korea), this study provides empirical evidence of the economic impact of this policy...