The main goal of this paper is to analyze the factors that influence the auditor's decision to disclose goodwill impairment as a key audit matter (KAM). For this analysis, we use a logit model to determine the factors that influence auditors' disclosure of a goodwill impairment as a KAM. Our...

This paper examines whether the level of enforcement shapes the complexity in accounting standards. First, in order to identify the level of complexity in accounting standards, we calculated a new measure that conceptualizes accounting complexity based on the theoretical dimensions of...

Based on the ten areas that are measured by the ease of doing business (EDB) and based on the getting credit (GC) indicator, this study seeks to analyze factors that lead to a more favorable business climate in different countries. The methodology of fuzzy-set qualitative comparative analysis...

Valuation service providers (specialists, hereafter) play an essential role in the development and audit of complex estimates such as fair value measurements (FVMs). Despite their critical role, qualitative research examining the relationship between specialists and their auditor and management...

We analyze interviews with valuation specialists (specialists) employed by audit firms (in the Asia-Pacific region, Europe, and the U.S.) to understand how they work with auditors to evaluate the reasonableness of fair value measurements (FVMs) for financial instruments. The rapid growth of FVMs...

We examine how an accounting firm’s attempt to circumvent the PCAOB inspection process influences non-professional investors’ judgments about auditor credibility and willingness to continue investing in a company the firm audits. In an experiment using 198 non-professional investors, we...