examine four accounting-based financial reporting quality proxies and, to reflect broader economics, we examine cost of debt … associated with less than half the fee increment for an audit. Overall, our tests are consistent with enhanced reporting quality … from both reviews and audits, and diminishing marginal returns to “full” audit procedures beyond a review for both …

client misstatement risk weakens when the audit firm is a Top 10 accounting firm in China, is an industry specialist, is … Chinese auditors use to address clients in audit reports connote differential financial misstatement risk. Specifically, we … compromised auditor independence, lower audit quality, and higher financial misstatement risk. We find significantly greater …

in recent years, it does not appear that the decline can be attributed solely to increases in audit quality. Instead, we …

We examine whether tax audit regimes become more efficient if (i) there are audited financial statements and (ii) tax … auditors have access to the internal statutory audit report revealing information about statutory audit adjustments. Our … ambiguous effect, and for mediumpowered tax auditor incentives and firms that place a high weight on book income, tax audit …

. Broadly, our paper offers the first large-sample descriptive analysis of the role of Big N auditors in the accounting standard …

This study examines the relation between risk-based tax audit strategies and corporate tax avoidance. We exploit OECD … tax enforcement, firm-specific, and country-specific factors. Cross-sectional tests indicate that risk-based tax audit … that countries with a risk-based audit strategy have lower costs of tax enforcement and improve the performance of tax …

This study examines the relation between risk-based tax audit strategies and corporate tax avoidance. We exploit OECD … tax enforcement, firm-specific, and country-specific factors. Cross-sectional tests indicate that risk-based tax audit … that countries with a risk-based audit strategy have lower costs of tax enforcement and improve the performance of tax …