We extend research on the determinants of corporate tax avoidance to include the role of Internal Revenue Service (IRS) monitoring. Our evidence from large samples implies that U.S. public firms undertake less aggressive tax positions when tax enforcement is stricter. Reflecting its first-order...

This article is a comparison of statutory and effective marginal tax rates in Canada. It is similar to a recent study by the Joint Committee on Taxation in the United States, except that both the personal income tax and social security programs are considered. The data source is the Social...

Although recent evidence suggests that individual audit partners explain a substantial portion of the variation in audit quality proxies, much less is known about what determines an audit partner’s quality. Psychology and behavioral economics theories hold that an individual’s experiences...

Completeness and timeliness are two properties of firm disclosures valued by investors and promoted by standard setters in their conceptual frameworks of financial reporting. Nevertheless, prior studies suggest that these two properties may have opposing effects in that completeness could...

We extend recent research on the links between political connections and financial reporting by examining the role of auditor choice. Our evidence that public firms with political connections are more likely to appoint a Big Four auditor supports the intuition that insiders in these firms are...

This paper analyzes audit firm supervision since the Public Company Accounting Oversight Board (PCAOB) began conducting inspections. First, we find that audit clients do not perceive that the PCAOB's inspection reports are valuable for signaling audit quality. Second, we document that the...

Wireless Sensor Network Service Applications (WSAs) are playing an important role in Wireless Sensor Network (WSN), which bridge the gap between WSN and existing widely deployed Service-Oriented Architecture (SOA) technologies. Function properties of WSN services are important, which assure...