Audit regulators around the world have expressed concern over market dominance by Big 4 accounting firms and the potential adverse effect it may have on the quality of audited financial statements. We use cross-country variation in the audit market structure of 42 countries to examine two...

Audit regulators around the world have expressed concern over market dominance by Big 4 accounting firms and the potential adverse effect it may have on the quality of audited financial statements. We use cross-country variation in the audit market structure of 42 countries to examine two...

Auditing firms can potentially increase their organizational memory and enhance learning from computerized aids. One potential application of computerized aids in auditing firms is training for strategic systems auditing (SSA) or business risk auditing, which is increasingly popular in these...

This study examines whether audit partners suffer a reputation penalty following a going-concern opinion (GCO) reporting failure, either a Type I or a Type II error. A Type I error occurs when a partner issues a GCO to a client that does not go bankrupt in the next year, while a Type II error...

Egypt has a unique and complex audit market in which companies could use multiple audit mechanism through which a company can engage more than one audit firm to verify same financial statements. This mechanism could be conducted through joint audits or dual audits. Joint audits could be...