...: Accepted by Joseph H. Schroeder, under the Senior Editorship of Jayanthi Krishnan. 07 02 2022 30 06 2023 17 07 2023 2023 COVID-19 coronavirus audit quality delayed filings discretionary accruals material weakness errors remote work pandemic AUDITING: A JOURNAL...

... 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...

... by Vic Naiker, under the Senior Editorship of Jeffrey R. Cohen. July 2016 May 2017 2018 social connections financial reporting quality discretionary accruals restatements internal controls audit fees A number of recent articles and anecdotal evidence suggest that “who...

... composition senior auditors assistant auditors other professional staff audit fees going concern opinion discretionary accruals Using publicly available Japanese data that contains details about the number of audit team members classified according to their professional qualifications, we...

...-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...

... discretionary accruals meet or beat partner rotation partner change Section 203 of the Sarbanes-Oxley Act of 2002 (SOX) accelerated the audit partner rotation period for lead and concurring engagement partners ¹ from seven to five years and expandedtheir cooling-off period from two...

... 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...