Under the assumption that audit quality relates positively to unobservable financial reporting reliability, we … investigate whether audit quality is associated with the predictability of accounting earnings by focusing on analyst earnings … sample. Overall, our results suggest that high quality audit provided by Big Five auditors and industry specialist non …

unaudited earnings release are subsequently revised, presumably as a result of year-end audit procedures, so that earnings as … auditor competition, or by auditor characteristics. We also examine audit pricing subsequent to audit-related earnings … greater likelihood of turnover following an audit-related earnings revision, and whether this varies by the type of revision …