independence substitutes for external audit quality. Based on over 14,000 observation across 18 years, our difference … governance and therefore do not need as much external audit quality as those with less effective governance do. Based on a …

opportunity to use the knowledge they have gained from their auditing and other accounting courses. Students analyze what was done …I provide instructions for use of a Securities and Exchange Commission (SEC) Accounting and Auditing Enforcement … Release (AAER) assignment by instructors in Introductory or Advanced Audit Courses. The assignment gives students an …

The critical global role of audit firms, combined with the scarcity of qualified staff and downward pressure on fees … allocative inefficiencies of audit firm staffing using data from 165 audit engagements performed by a Big 4 international CPA … firm. Prior research has shown that the technical inefficiency of audit engagements leads to lower billing realization …

tenure helps auditors acquire such knowledge and therefore, the benefit of longer audit tenure is greater in firms with … information asymmetry demand more client specific knowledge that cannot be gleaned from industry or general experience. Longer …

audit and highlights the role of public regulatory oversight in the audit market …

KPMG's discussion of Bribery and Corruption as a Key Audit Matter (KAM) in the Extended Auditor's Reports (EAR) of … stated that the two purposes of EARs are (i) to inform investors and (ii) to give them greater confidence in the audit …

to deliver higher audit quality than non-Big 4 auditors. However, because client demand may be driven more by tax … planning objectives than by financial reporting quality (FRQ) objectives and because Big 4 audit firms' profitability structure … is less optimized for private firm auditees than is non-Big 4 audit firms' profitability structure, Big 4 auditors may …

This paper examines the effect of auditors with government experience on audit quality using 1,067 firm …*year observations between 2008 and 2015 from Borsa İstanbul firms. We use three measures of audit quality to test the effect of auditors … estimation results indicate that auditors with government experience provide low qualified audit work in terms of audit report …

This experimental study analyses whether reporting an accounting estimate as a key audit matter (KAM) can influence … reasonableness of a biased accounting estimate is not affected by the KAM reporting requirement and client pressure. Professional … action in the form of the likelihood and amount of proposed adjustments is significantly lower when the accounting estimate …