assessment of audit risk. The main result in this essay is consistent with this prediction, as auditors demand lower audit fees …’s commitment in providing disaggregated accounting information disciplines managers such that they provide more disaggregated … forward looking disclosures. As of 1998, SFAS 131 allows US firms to withhold audited profitability accounting information on …

quality, behavioral accounting, allocation of audit work, audit fees, earnings management, economic regulation, joint audit …, two sets of books, one set of books, strategic tax auditor, tendering process, strategic behavior of audit firms, audit …, audit market, industry specialization, market concentration, measures of concentration, municipal audit, municipal entities …

enforcement is a prerequisite for ensuring compliance with accounting regulations (Hail and Leuz 2006, Daske et al. 2008, 2013 …