In an abstract, incentivized experiment patterned after the investigation and adjustment decisions that characterize auditing, we find that participants who adjust for information obtained from their willful investigation specify lower adjustments than participants who get the same information...

We present experimental evidence suggesting that critical audit matter (CAM) disclosures in the auditor's report involving areas of high measurement uncertainty forewarn users of misstatement risk. Specifically, in our first study with MBA students, financial analysts, and attorneys, we find...

Recent advances in technology are expected to increase financial statement auditors’ efficiency, but also imply decreased social contact between auditors and clients. We conduct two experiments that examine consequences of these trends for clients’ behavior. Using experienced participants,...