This study seeks insights into determinants of Chinese audit firms' ability to ensure high quality financial reporting. Its scope of investigation encompasses the extent to which Chinese audit firms employ structured audit processes, their evaluation of potential clients, factors that impact their risk assessment, and the stringency of the reporting standards that they seek to impose on clients. The factors investigated include ones suggested as being important by extant research, as well as unique characteristics of the Chinese setting (e.g., the importance of interpersonal relationships [“guanxi”] and most listed companies' origins as state‐owned enterprises). Structured interviews and questionnaire surveys are used to solicit quantitative and open‐ended responses from 102 Chinese auditors at the partner, manager, and senior levels of Big 4 affiliates and local public accounting firms.
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Spring 2006
Research Article|
January 01 2006
Toward Understanding Chinese Auditors' Structuring of Audit Approaches, Client Acceptance Decisions, Risk Assessment, and Stringency of Imposed Reporting Standards
Chee W. Chow, Professor;
Chee W. Chow, Professor
Emeritus at San Diego State University
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Joanna L. Ho, Professor;
Joanna L. Ho, Professor
University of California, Irvine
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Phyllis Lai Lan Mo, Associate Professor
Phyllis Lai Lan Mo, Associate Professor
Hong Kong Polytechnic University.
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Online Issn: 1558-8025
Print Issn: 1542-6297
American Accounting Association
2006
Journal of International Accounting Research (2006) 5 (1): 1–23.
Citation
Chee W. Chow, Joanna L. Ho, Phyllis Lai Lan Mo; Toward Understanding Chinese Auditors' Structuring of Audit Approaches, Client Acceptance Decisions, Risk Assessment, and Stringency of Imposed Reporting Standards. Journal of International Accounting Research 1 January 2006; 5 (1): 1–23. https://doi.org/10.2308/jiar.2006.5.1.1
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