The purpose of this study is to investigate into the discretionary accruals of the client companies of sanctioned auditors before sanction enforcements and changes thereafter. We find that signed discretionary accruals of the sanctioned auditors' client companies are significantly more favorable...

According to Dye (1993), the audit is demanded for two reasons. The information role and insurance of auditing is long an important issue of auditing studies. Prior studies have examined the auditor's role in IPO market to test the information role and insurance role of audit market and got...

It would be interesting to know how the theories and hypotheses in auditing developed for a mature economy work in an emerging market. This paper uses the merger of Diwan, Ernst amp; Young and J. T. Lai amp; Co., CPAs in Taiwan in 2000 as a target to study the effects of a CPA-firm merger on...

It would be interesting to know how the theories and hypotheses in auditing developed for a mature economy work in an emerging market. This paper uses the merger of Diwan, Ernst & Young and J.T. Lai & Co., CPAs in Taiwan in 2000 as a target to study the effects of a CPA-firm merger on audit...