Audit quality is thought to occur primarily due to litigation pressure. We report results from a study conducted in a low litigation environment (China) where a Big 4 audit firm (Deloitte) failed to detect a fraud involving a public company (Kelon). We find that Deloitte’s clients have...

Prior studies suggest earnings quality increases when audit quality increases. We test whether such a relation is affected by institutional factors, such as the use of International Financial Reporting Standards (IFRS), which is regarded as a superior set of accounting standards. We use and...

The primary objective of this study is to investigate factors associated with the increase in demand for carbon auditing in China. Based on an analysis of publically available carbon-related information and data, this paper documents the large scale of carbon auditing occurring in the public...