Reed, Brad J.; Lovata, Linda M.; Costigan, Michael L.; … - In: Review of Accounting and Finance 6 (2007) November, pp. 391-403
Purpose – This paper aims to provide evidence on the hypothesis that auditors differ in how they constrain discretionary accruals (DAs) of their clients. The paper seeks to analyze changes in DAs for clients of Laventhol and Horwath associated with the appointment of a successor auditor....