In this study, we examine a setting where over-reliance on structured materiality guidance leads to less appropriate materiality assessments by auditors, and investigate whether a justification requirement in the absence of accountability mitigates this effect. Results from our experiment show...

The decision-usefulness of the direct versus indirect presentation method of a cash flow statement has been a long-standing issue both in practice and accounting research. By capitalizing on comparative advantages of experimental methods, we provide insights into how investors process the...

Two aspects of critical audit matter (CAM) disclosure relate to the nature of the disclosed CAM, including whether it is related to complexity or uncertainty, and whether an indication of the outcome of audit procedures taken to address the CAM is included in the disclosure. In this study, we...