Regulators suggest that small audit firms should join international accounting networks to reduce their resource constraints in serving large clients and providing high-quality service. Bills, Cunningham, and Myers (BCM, 2016) investigate the issue in the U.S. and find that audit fees and...

This study investigates why auditors leave public accounting and the consequences of auditor departures. We find that audit competency is negatively associated with a departure decision. Specifically, audit partners and managers, as well as auditors generating more audit revenues and providing...

We examine the role that individual auditors' social capital plays in their audit quality, client acquisition activities, and career advancement. Our analysis focuses on social capital stemming from educational ties, as measured by the size of an auditor's university alumni network among those...

Francis and Michas (2013) discover that the occurrence of an audit failure actually signals a more systematic problem with audit quality at the affected office. Using the Chinese setting where the identities of engagement auditors are revealed in audit reports, this study further explores...

The purpose of this book is to offer a more systematic and structured treatment of the research on accounting based valuation, with a primary focus on recent theoretical developments and the resulting empirical analyses that recognize the role of accounting information in making managerial...