... partner’s education. We investigate whether audit engagement partners’ educational backgrounds affect audit quality. Specifically, we investigate whether audit engagement partner attainment of graduate degrees, and in particular master’s degrees in accounting, is related to higher audit quality. We find...

..., these KPMG partners were able to anticipate and prepare for PCAOB inspections, causing the firm's inspection deficiency rate to plummet and its executives to tout the success of their efforts to improve audit quality. Once the firm discovered the scandal, the individuals involved were terminated, and six...