We examine whether public disclosure of Deloitte 2007 PCAOB Part II report, which identifies quality control deficiencies related to audits of income tax accounts, affects Deloitte's auditor-provided tax services (APTS). Using a difference-in-differences model, we document a 17 percent lower...

Following the severe liquidity and credit problems that companies faced during the financial crisis of 2007-2008, there is heightened interest in reasons why auditors might not issue going-concern opinions (GCOs) to financially distressed clients who seem to warrant such opinions. We examine...

Recent environmental changes have led to novice auditors performing tasks traditionally performed by experienced auditors. Yet, our knowledge of novice auditor task responsibilities has not been updated, and research exploring novice judgments does not constitute a large subset of published...

Research suggests audit firms' evaluation systems inhibit professional skepticism. Specifically, supervisors “penalize auditors who employ an appropriate level of skepticism, but do not identify a misstatement” (Brazel et al. 2016, p. 1577), thereby discouraging future instances of...

While the internal audit function (IAF) plays a critical role in organizations, it faces challenges in finding sufficient numbers of high-quality job applicants to fill its ranks. We examine experienced external auditors' perceptions of internal auditing and how their perceptions may influence...

This paper examines factors affecting non-accounting business professionals' willingness to work in internal auditing. In a 2 x 6 experiment with 502 participants from across the country, we find that, in contrast to prior research examining accountants, business professionals have relatively...

A recent FASB standard requires an entity's management to assess the entity's ability to continue as a going concern and disclose substantial doubt about such. In contextualized experiments wherein the entity's auditor does not issue a going concern opinion and the entity subsequently fails, we...