... of a delayed filing and material weakness error are mitigated, suggesting that Big 4 auditors may have been better positioned to work in a remote audit environment. We also find that the likelihood of a delayed filing and the magnitude of absolute discretionary accruals increase when a company is audited...

... reporting audit experience discretionary accruals audit fees Many accounting professionals begin their careers in public accounting. However, most of these professionals eventually change careers, leveraging their experience to pursue other opportunities. ¹ Public accounting...

... conducted by those firms. The results indicate that knowledge sharing within an audit firm is positively associated with audit quality as manifested in lower absolute discretionary accruals and the issuance of more unfavorable audit opinions. We also find that knowledge sharing within audit firms...

..., including controls for endogeneity, and are consistent with well-connected CEOs providing economic benefits to their firms, rather than using their position to extract rents at the expense of shareholders. social connections financial reporting quality discretionary accruals restatements internal...

... audit fees going concern opinion discretionary accruals © 2017 American Accounting Association. All rights reserved. 2017 We thank Elizabeth Carson, Neil Fargher, Radzi Jidin, Greg Shailer, Roger Simnett, Mark Wilson, Jian Zhou, and participants at the 2013 Japan Auditing Association...

...-audit partner interlocks. Audit quality is proxied by the likelihood of issuing a first-time going-concern modified audit report and the absolute value of discretionary accruals. Regressions on unrestricted and propensity score matched samples provide consistent evidence that audit partner dependence...

... financial reporting quality in these quarters with that in non-lame duck auditor quarters. Using discretionary accruals and financial statement misstatements as proxies for financial reporting quality, we find that financial reporting quality is higher in lame duck auditor situations, suggesting that lame...

... with an outgoing partner and the first two years with a new partner post-rotation. Our proxy for financial reporting quality is a firm's use of discretionary accruals to meet or beat analysts' earnings-per-share (EPS) consensus forecasts ( Barua, Legoria, and Moffitt 2006 ; Davis, Soo, and Trompeter 2009 ). We...

... the incentive and the ability to use discretionary accruals to meet or beat the consensus earnings forecast. We find a negative relationship between the level of abnormal audit fees paid by the client and the likelihood of using discretionary accruals to meet or beat the consensus analyst forecast. The evidence...

...Brian T. Carver; Carl W. Hollingsworth; Jonathan D. Stanley SUMMARY This study examines whether recent auditor downgrade activity is associated with subsequent changes in clients' discretionary accruals. The market for audit services has undergone dramatic change in recent years, resulting...

... must be audited and signed by the two signing auditors as well as by an audit firm. For accruals analyses, we find that differential discretionary accruals due to industry expertise are driven by a combination of firm and partner expertise. For audit opinion analyses, we find that differential...