We provide evidence on the long standing concern on auditor conflicts of interest from providing non-audit services (NAS) to audit clients by using rarely explored NAS fee data from 1978-80 Using this earlier setting, we find cross-sectional evidence of improved earnings quality when auditors...

This expository study provides insight into how the probable adoption of IFRS might affect the independent audits of listed companies in the U.S. Examining the experience of the EU with regard to how mandatory adoption of IFRS in 2005 has affected the independent audits of listed companies would...

We propose that audit quality is likely to increase in the earlier years due to a Learning Effect and in later years it decreases due to a Bonding Effect. Adopting a quadratic model, we find that the average turning point is between 12 to 16 years for a large sample of U.S. firms. With an...