We respond to calls for research into the effect of the decline in the number of Big N firms on market power and consequential impact on competition (U.S. Department of Treasury 2008; European Commission 2010; U.K. House of Lords 2011) by analyzing the change in Big N audit fee premium over the Big 6,...

This study investigates demand for auditing by family businesses, which is a significant but relatively unexplored segment of the economy. First, the study measures the impact of firm characteristics commonly linked to the cost versus benefit of engaging an auditor (proxies for the separation of...

We study the determinants of involvement of component auditors (either network and/or unaffiliated) in multinational (MNE) group audits and associated audit outcomes. We identify the involvement of component auditors, using unique Australian disclosures of group audit fees paid to the principal...

When companies decide to purchase third-party assurance on Extended External Reports (EER), they need to decide whether to engage their financial statement auditor or a different assurance provider. We examine factors that impact this decision, and the consequences of this decision on financial...

One of the challenges associated with emerging forms of external reporting is finding efficient and effective means to enhance the credibility of these reports (IAASB 2016). This study examines a novel credibility-enhancing mechanism, combined assurance (CA), where the credibility-enhancing...