audits. We focus on five changes: Mandatory external audit firm rotation, auditor appointment by an independent regulator, a … general ban on providing non-audit services, a ban on providing non-audit services to audit clients, and mandatory joint … audits. A ban on non-audit services to audit clients is perceived to have the least disadvantageous effect, followed by a …

This paper analyzes whether audit adjustments vary systematically with inherent and control risk factors. The analysis … is based on proprietary data from a large recent sample of audit adjustments detected in the financial statement audits … conducted by a Big 4 audit firm in Germany. We extend the scope of prior studies by incorporating client-specific planning …

threshold, which is in line with current audit standards and audit firm guidelines, is disclosed, credit lenders do not adjust a … preliminary credit lending decision. However, if the disclosed audit materiality threshold increases, we are able to document … negatively affects prior credit lending decisions. The findings from this study contribute to the current debate about the audit …

This experimental study analyses whether reporting an accounting estimate as a key audit matter (KAM) can influence … debate about the audit reporting model showing that reporting KAM might have diametrical 'real effects' on auditors' judgment …

The value of an audit lies in its ability to detect and correct misstatements in financial statements. This study … investigates the resolution of detected misstatements. Using data on a large sample of audit adjustments by a German Big 4 audit … influenced by client characteristics and characteristics of the audit adjustments that can be linked to client as well as auditor …

develop a holistic, multidimensional framework to better understand the dynamics of the diffusion of audit data analytics (ADA … external rules that regulate it) and the actors reproducing the rules and technologies (focusing on the audit process … fundamental for a study of the diffusion of ADA. Primary drivers of fundamental changes include audit quality, audit efficiency …