, absent CAM disclosure, are relatively difficult to foresee. Finally, CAM disclosures that are unrelated to subsequent … disclosed), but reduce liability judgments relative to reporting that there were no CAMs. As such, we find that, relative to … stating there were no CAMs, disclosure of any CAM (i.e., related or unrelated) provides litigation protection in cases of …

Proposals for increased transparency and disclosure within audit reports are consistently met with conflict. Some … proposing a requirement for increased disclosure within the audit report on financial statements. This study proposes a similar … disclosure level (disclosed/not disclosed) and the auditability of the significant deficiency in controls (less auditable …

analyses were then performed to compare the data. The results showed that the disclosure of accounting practices has a positive …

provides mixed evidence on whether better auditors mitigate misstatement risk embedded in the financial reporting process. A … challenge in previous studies is the lack of a powerful measure of inherent, “pre-audit” reporting risk. We overcome this issue … auditors' ability to mitigate reporting risk through increased audit fees and that AMR captures innate reporting risk rather …