... the financial-crisis years, 2008–2009, because of their special nature. timely loss recognition conservatism audit fees Sarbanes-Oxley Act (SOX) accruals External auditors prefer timely loss recognition because it maintains their reputation and helps them avoid litigation ( Watts 2003...

... of Wisconsin–Milwaukee, and University of Nevada, Reno, and the 2008 AAA Annual Meeting. Editor's note: Accepted by E. Michael Bamber. March 2011 October 2012 2013 memory accruals, auditing risk conservatism Research on auditor memory processes (see e.g., Libby...

... accounting discretion insurance industry reserve management conservatism 2012 February 2011 March 2012 Editor's note: Accepted by W. Robert Knechel. We gratefully acknowledge the financial support of the J. M. Tull School of Accounting and the Terry College of Business...