We examine the ability of selected accounting and audit quality variables measured in a period prior to the financial …

We hypothesize that if individual auditors possess unique audit styles that they consistently apply to different audit … than when they are audited by (1) different audit firms, (2) the same audit firm but different audit offices, and (3) the … same audit office but different individual auditors. The individual auditor style effect is stronger for larger audit firms …

Starting in October 2013, auditors of premium-listed firms in the UK are mandated to prepare an expanded audit report … that provides details on audit procedures, main risks of material misstatement (RMMs), and materiality thresholds. We … hypothesize that the expanded audit disclosures decrease adverse selection problems by improving lenders' ability to assess …

aggressiveness is more pronounced in countries where investor protection is stronger, auditor litigation risk is higher, the audit …

China, we find that clients located in high trust regions are less likely to receive a non-clean audit opinion. This … also find that the impact of trust is more pronounced when the client is located closer to its audit firm, when the client …

pair composition on audit quality by examining a specific account, goodwill impairment. We document that firms audited by a …, suggesting lower transparency for firms audited by a BB pair. Our results inform investors and firms in mandatory joint audit …

to deliver higher audit quality than non-Big 4 auditors. However, because client demand may be driven more by tax … planning objectives than by financial reporting quality (FRQ) objectives and because Big 4 audit firms' profitability structure … is less optimized for private firm auditees than is non-Big 4 audit firms' profitability structure, Big 4 auditors may …

We examine the effects of audit quality on earnings management and cost of equity capital for two groups of Chinese …. As a result, the effect of audit quality in reducing earnings management will be greater for NSOEs than for SOEs. In … than for SOEs with high and low audit quality. We find empirical evidence consistent with these hypotheses. Our findings …

investigate the audit fees paid by European banks designated as GSIBs, and whether the change in audit fees following designation … audit fees in countries with a more powerful banking supervisor compared to other banks. However, auditors did not … significantly increase their audit fees for banks designated as GSIBs in these countries, plausibly because the corporate governance …