and consequences of accounting fraud. In particular, we examine whether large audit firms reduce the incidence of … risk associated with audit failures. We find companies audited by large audit firms are less likely to commit financial … controlling for other corporate governance mechanisms. Our results highlight the role of government sanctions in assuring audit …

in terms of the number of auditors they used to audit internal control over financial reporting and financial statement …

higher-quality financial reporting and, hence, appoint Big 4 auditors. Using data from Indonesia, we find support for the …

information risks of goodwill impairments and express their concerns about financial reporting quality in their audit opinions … impairments and the type of audit opinion received in the same financial period. Our findings are as follows. First, the … between goodwill impairments and modified audit opinions is driven primarily by earnings management risks. Third, this …