... on auditors’ response to the pandemic based on interviews with auditors who conducted audits during the lockdowns. We then use a difference-in-differences (DiD) design and find that auditors who were subject to lockdowns were able to adapt their audit procedures, resulting in audit quality improvements...

... paribus. This finding, which is robust to tests of alternative explanations and a variety of measures and specifications, differs from conclusions in most prior studies that investigate the association between audit fees and perceived audit quality captured by metrics such as auditor industry...

... note: Accepted by Linda A. Myers, under the Senior Editorship of Jayanthi Krishnan. 06 08 2021 23 03 2024 29 04 2024 2025 air pollution audit quality financial reporting quality misstatements restatements In this study we investigate whether air pollution...

...Like Jiang; Vic Naiker; Yu Wang; Shafu Zhang SUMMARY We employ a novel framework to evaluate the audit quality implications of cumulative industry expertise that audit partners acquire from auditing public clients across their careers. Leveraging the historical data of audit partner engagements...

.... Editor’s note: Accepted by Udi Hoitash, under the Senior Editorship of Jayanthi Krishnan. 12 04 2022 16 12 2024 20 01 2025 2025 audit partner dismissal audit fees audit quality auditor independence AUDITING: A JOURNAL OF PRACTICE & THEORY Vol. XX, No. XX MONTH YEAR pp...

... to auditing clients with higher engagement risk. Last, prior studies generally find that auditors charge higher fees to financially distressed clients, and lower audit fees could lead to lower audit quality ( Johnstone and Bedard 2003 ; Blankley, Hurtt, and MacGregor 2012 ). However, we find that when...

.... Auditing standards setters and regulators worldwide emphasize skepticism and articulate its role in effectively collecting and evaluating evidence while simultaneously illustrating deficiencies in skepticism, leading to audit quality detriments (e.g., International Forum of Independent Audit Regulators...

...Eddy Cardinaels; Eunice S. Khoo; Yu Flora Kuang; Gladys Lee; Bo Qin SUMMARY This study investigates the impact of social capital within and outside Big 4 audit offices on audit quality. We find that higher levels of internal and external social capital correlate with improved audit quality...

... partners. We also find evidence that internal competition is negatively associated with audit quality for non-Big 4 clients. Overall, this study provides initial evidence of the effect of internal competition among audit partners on audit outcomes. We thank the two anonymous reviewers and Udi Hoitash...

...Huan Dou; Eunice S. Khoo; Weiqiang Tan; Janus Jian Zhang SUMMARY We examine whether signing auditors’ perceptions of bad luck related to the Chinese zodiac-year superstition affect audit quality. We argue that these perceptions of bad luck heighten signing auditors’ sense of risk and lead them...

...Stuart M. Dearden; Jimmy F. Downes; Tony Kang SUMMARY We study the effect of borrower-lender cross-ownership on the demand for a borrower’s external audit quality in syndicated loan settings. Cross-owners, which are institutional investors who hold the equities of both the borrower and the lead...

...Johnathon Cziffra; Zvi Singer; Jing Zhang SUMMARY Audit quality is influenced by both the demand for and the supply of audits. A major challenge in audit quality research involves isolating supply effects. The audits of Canadian provincial governmental entities present an appealing setting, where...

... clients, concerns regulators because of its potential consequences for audit quality. We examine the relation between audit partner industry experience and lowballing, and its implications for subsequent audit fees and audit quality. Our results indicate that higher audit partner industry experience...

... management disclosures from companies ( Securities and Exchange Commission (SEC) 2018 , 2023 ) and investors are actively seeking information about how companies are managing cybersecurity risk ( EY 2020 ; Center for Audit Quality (CAQ) 2020 ). Consequently, companies and their boards are increasingly...

... in an accounting association or network (AAN) allows small international accounting firms to provide higher audit quality. Using data from 24 countries, we find that audit quality improves after small international accounting firms join an AAN. Moreover, the improvement is more pronounced in countries with greater...

...’ accounting misstatements, which have been used in prior literature as a measure of audit quality and financial reporting quality. The literature on volunteering establishes that volunteers often demonstrate specific personality traits, such as a prosocial personality and helpfulness ( Rodell, Breitsohl...

... with higher audit efficiency, we also find a negative association between training and report lags. However, we find no association between training and audit quality. 2024 We thank Eddy Cardinaels, Nick Cicone, Hans Degryse, Fynn Gerken, Topcue Lee, Tobias Svanstrøm, Marleen Willekens, Mike Ricci...

...Anwer S. Ahmed; Bilal Al-Dah; Moataz El-Helaly; Krzysztof Fleszar SUMMARY We provide evidence on the efficacy of Auditing Standard No. 18 (AS18) for auditing-related party transactions (RPTs). We measure audit quality using general restatements and RPT-related restatements. Using a sample of S...

...Dahlia Robinson; Thomas Smith; Stephanie Walton SUMMARY We examine whether audit engagements where the client has never switched auditors (original auditors) are associated with different audit fee and audit quality outcomes, relative to engagements that have experienced an auditor change. We...

... component auditor Form AP cost of debt audit quality We thank Jaime J. Schmidt (editor) and two anonymous reviewers for helpful comments and suggestions on our paper. Gopal V. Krishnan, Bentley University, Department of Accountancy, Waltham, MA, USA; Juan Mao, The University of Texas...