This paper aims at reconsidering knowledge, skills and competencies from a capability perspective while addressing …. Identifying nature of capabilities (knowledge, skills and competencies) with respect to this classification align them with firms …

value tacit knowledge in inexperienced auditors but do value it in experienced auditors. We update the former and extend the … latter. Our paper predicts and finds that audit firms now do value tacit knowledge in inexperienced auditors, especially when … their supervisors have higher tacit knowledge. Our proxies of value include higher promotability assessments, annual …