This study examines the association between audit committee characteristics and the combination of risk management and …-alone risk management committee and the functions of monitoring and controlling risk activities are closer to the audit committee … the audit committee, financially expert audit committee members and diligence are more likely to combine the risk …

We examine whether internal auditing provides value to organizations by reducing risk. We compare the changes in risks … importance of an internal audit while holding constant changes in risk due to the organization and time period. Based on ratings … from the heads of audited and non-audited units, we find that managers of audited units perceive a greater decline in risk …

Ex ante misstatement risk confounds nearly all settings relying on restatements as a measure of audit quality, but … discussing alternative approaches for controlling for ex ante misstatement risk and providing guidance for future research. Taken …

. Auditors use the results of preliminary analytical procedures when assessing the risk that financial statements are materially … flows outperform both prior year balances and relations within the client’s financial data when assessing fraud risk. Of all … substantially exceeds that of its industry, it may be too good to be true and auditors should consider increasing their fraud risk …

This study investigates whether audit market competition influences the risk profile of audit offices' client … portfolios and whether an audit office's client risk profile affects the association between audit market competition and audit … quality. Economic theory suggests that market competition can affect a company's risk-taking, but there is limited evidence on …

controls were quantified. Independent variables were analyzed in three different regression models, with the credit risk, the … affect the credit risk, while they significantly affect the profitability and the compliance of US banks, except from the … Risk Assessment component in the first case, and the Control Environment component in the second case respectively …

Relying on their history of legal infractions to measure individuals' risk tolerance, we examine the association … between engagement partners' risk appetites and audit quality in the U.S. Criminology and economics research links criminal … activity with enduring personality traits that capture an individual's risk tolerance. Our evidence supports the prediction …

cyberattacks (and efforts to mitigate future attacks), an accurate assessment of the level of a company's cybersecurity risk can …. Specifically, we use text analytics to examine the cybersecurity risk disclosures of companies. Then, by applying Textual …

also changed the audit risk. This paper attempts to address this question using the Audit Risk Model (ARM) and a survey of … audit experts to operationalize a comparison of audit risk before and after COVID-19. The results suggest that the pandemic … has significantly changed the audit environment and, moreover, is expected to increase audit risk. As a result, Internal …

A practically oriented, top-down approach to assessing the quality of EL by backtesting with a properly defined risk … measure is introduced. In a first step, the concept of risk expenses ("Cost of Risk") has to be extended beyond the classical … provisioning view, toward a more adequate capital consumption approach ("Impact of Risk"). On this basis, the difference between …