Purpose – The paper aims to examine the relation between fees paid to auditors and audit quality during the period of 2000‐2003. Design/methodology/approach – The paper constructs a measure of auditor profitability that is used as a proxy for auditor independence. The methodology is...

Purpose - The paper aims to examine earnings quality during the post-acquisition period. Design/methodology/approach - The paper defines earnings quality as an earnings stream more closely associated with future cash flows from operations. It uses the stock market's reaction at the acquisition...

Purpose – The paper aims to examine earnings quality during the post‐acquisition period. Design/methodology/approach – The paper defines earnings quality as an earnings stream more closely associated with future cash flows from operations. It uses the stock market's reaction at the...

Our study examines fees paid to auditors for audit and non-audit services during the period 2000 to 2003. We document a statistically significant positive association between audit fees and the absolute value of performance-adjusted discretionary accruals over all years. We also identify a...

Purpose: The purpose of this paper is to examine the requirement that non-profit organizations recognize unconditional promises to give as assets and revenues in the year promises are received as mandated by Statement of Financial Accounting Standards (SFAS) No. 116....