For a sample of clients of Big 6 auditors representing years 1993 through 2001, we examine whether the length of auditor-client relationship is associated with lower conservatism, i.e., the timely recognition of economic losses. The recent spate of accounting scandals has underscored the need...

This study examines whether the impact of non-audit fees on auditor independence is contingent on auditor tenure. The results, based on a sample of 4,720 U.S. firms for the years 2000 and 2001, show that there is a positive association between non-audit fees and positive discretionary current...