In this paper, we develop and test a conceptual model that posits how the timing of concessions made by an auditor to auditee management influences negotiation judgments. Our model hypothesizes that auditors' concession timing strategies influence financial officers' offers (given in the round...

Finds that average audit managers judge notes written by outstanding subordinates (seniors) more favourably than those written by average seniors. Conducts a survey of 20 audit managers and 40 seniors from two of the Big 5 US auditors, in which each senior writes a memo on the key issues in a...

In Canada, public companies are currently making a transition from the use of Canadian accounting standards to International Financial Reporting Standards (IFRS). This shift is fuelled by two key promises: -That the international harmonization of accounting standards will result in comparable...

This study investigates the effects of lead auditors' technical and managerial knowledge on audit quality and audit fees. The German institutional environment enables us to track auditors over their careers and measure their various personal attributes. We find that lead auditors' technical...

Recent research finds that investors' assessments of a stock's fundamental value are influenced by CSR performance through the affect-as-information heuristic (Elliott et al. 2014). We extend prior research by examining two boundary conditions for the use of this heuristic: (1) whether the CSR...

Disclosure standards mandate the quantitative disclosure of hedging-instrument related risks but not the disclosure of hedged item related risks. We examine how a match (mismatch) in formats, caused by making quantitative (qualitative) hedged item disclosures alongside quantitative hedging...

Recent studies document that market participants react positively to the positive language sentiment or tone embedded in financial disclosures, and that investors' reactions to negative news are more muted with poor disclosure readability. However, while language sentiment and readability...

Two aspects of critical audit matter (CAM) disclosure relate to the nature of the disclosed CAM, including whether it is related to complexity or uncertainty, and whether an indication of the outcome of audit procedures taken to address the CAM is included in the disclosure. In this study, we...