Download or read book Determinants of Auditor Changes written by Mark E. Haskins and published by . This book was released on 1987 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Determinants of Auditor Change in the Public Sector written by Robin Wendell Roberts and published by . This book was released on 1987 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Determinants of Auditor Changes written by Hwa Ken Leong and published by . This book was released on 1998 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Working Paper Series written by and published by . This book was released on 1985 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Understanding Auditor client Relationships written by Gary Kleinman and published by Gary Kleinman. This book was released on 2001 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work is intended to assist researchers, regulators, and practitioners who are interested in the topic of auditor independence. It presents a comprehensive model of the individual, work place, organization, inter-organizational, and organizational field level determinants of the topic.
Download or read book Auditor Changes written by Bernard Salomon and published by . This book was released on 1984 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Causes and Consequences of Auditor Changes written by Renee E. Weiss and published by . This book was released on 2009 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study uses three general hypotheses -- realignment, opinion shopping, and litigation risk -- to examine the determinants of auditor changes for a sample of companies. We also look at the reaction of the stock market to auditor changes. Our overall results are primarily consistent with prior research findings. However, we find that non-accelerated filers have important differences from accelerated filers both in the determinants of auditor changes and the market reactions to those changes. Non-accelerated filers appear to be less prone to opinion shopping and have fewer realignment issues driving changes than their accelerated counterparts. Auditor changes for both accelerated and non-accelerated filers, and particularly auditor resignations, are related to litigation risk factors. However, the pattern of significant individual litigation risk variables is different and more pronounced for non-accelerated filers. Our findings also demonstrate that the stock market reaction to auditor changes is different for accelerated filers compared to non-accelerated filers.
Download or read book A Contingent Model of Intra big Eight Auditor Changes written by Mark E. Haskins and published by . This book was released on 1989 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Determinants of Auditor Independence written by Bhanu Raghunathan and published by . This book was released on 1986 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Determinants of an audit report lag A meta analysis written by Philipp Wierzchowski and published by GRIN Verlag. This book was released on 2021-10-06 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2020 in the subject Business economics - Information Management, grade: 2,0, University of Bremen, language: English, abstract: This paper shows with the help of a meta-analysis the existence of the determinants of an audit report lag. Moreover this article calculates the relevance of these determinants with the help of Z-scores. The justification of this paper is to get a greater extent of knowledge through a meta-analytic literature review of the determinants of audit report lags. An audit report lag is the number of days from a company’s fiscal year-end to the date of its auditor’s report. Due to the great development of the globalization and economy, this world has more economical data and is more complicated in an economical context than before. Proof for this statement is the subprime crisis 2007, where Asset-Backed Commercial Papers had a complicated transformation. In addition to this the accounting has issues with too much information and complicated financial products. At first accounting has problems with disclosure of information in the financial statement. Secondly Big Data challenges accounting and finally audit report lags are larger after a new standard is set by the standard-setter or a company has a poor performance in this particular fiscal year. In addition to this last problem, there are a lot of more determinants for an audit report lag than these two. Accordingly this audit report lag is a problem for accounting.
Download or read book An Empirical Analysis of the Factors Associated with Auditor Changes written by E-Sah Woo and published by . This book was released on 1997 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Determinants of the Market Reaction to an Announcement of a Change in Auditor written by William David Albrecht and published by . This book was released on 1990 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Intersection of Auditor Independence Objectivity and Integrity in High risk Audit Conditions written by George Kwadwo Baah and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rich store of audit quality research and steady improvements to auditing standards over the decades have not yielded the desired impact on audit quality. While most litigations following corporate failure naming auditors as defendants tend to accuse auditors of lack of independence, objectivity and willful participation in fraud, the impact of these character dimensions on audit quality has not been fully explored. Professional accounting bodies impress upon their members to be independent in fact and in appearance, be objective and exhibit integrity in their decisions about their clients' financials statement, yet, not much is known about how independence, objectivity, and integrity impact audit quality. Secondly, not much is known about how auditors enact independence, objectivity, and integrity on an audit engagement. Also, inputs from auditors have been quite underutilized in audit quality research in recent years, yet auditors are the people who implement changes in auditing standards and regulations. This dissertation focuses on the very character dimensions that auditors tend to be accused of lacking to examine the impact of independence, objectivity, integrity, and environmental constraints on audit quality. Guided by institutional theory and the theory of negotiated order, a multi-staged, three-part sequential mixed methods study consisting of one quantitative and two qualitative studies were conducted using responses from audit managers. Survey responses from auditors in the United Kingdom and the United States were used to perform an exploratory theoretical study of the impact of Independence, Objectivity, Integrity, and Constraints on Audit Quality. The second study was conducted to identify a highly constrained business environment where the impact of Independence, Objectivity, and Integrity on Audit Quality could be validated. Following the second study, a third study was conducted to understand the effects of the institutional environment on audit quality and how auditors respond to the effects of the institutional factors. The research finds that auditors' integrity is a consistent determinant of audit quality. The positive significant impact of integrity on audit quality does not change when integrity interacts with environmental constraints. Contrary to the general notions about the importance of independence to audit quality, the research finds that independence and objectivity do not have a significant direct effect on audit quality. However, moderating independence on objectivity leads to a significant effect on audit quality. Independence strengthens the positive effect of objectivity on audit quality. But the positive impact of interacting independence and objectivity on audit quality reduces substantially when the interaction variable interacts with environmental constraints. Auditors tend not rely on their independence when the impact of environmental constraints are weak, and they tend to ignore or bend their interpretation and enactment of independence and objectivity and rather rely on their integrity when the environmental constraints are high. These findings show that agents resort to their inner core beliefs when making decisions under high-risk conditions. This dissertation makes theoretical and practical contributions to the literature. The quantitative research for the dissertation is the first known empirical analyses or validation of impact of external constraints, independence, objectivity, and integrity on audit quality using data from auditors. The research challenges the continued emphasis on independence as the core determinant of audit quality instead of the integrity of auditors. Also, study two of the dissertation is the first known study to find that aid project failure was mainly due to managerial failure though literature has blamed poor institutions, weak economies, and corruption as the culprits. Though prior audit quality studies have used responses from auditors, most recent researches in that domain have used data from sources other than auditors, yet auditors are the people who actually perform the work. The finding that auditors' perceptions about the core determinant of audit quality is integrity and not independence suggests that perhaps custodians of the profession have not focused on the fundamental character determinant of audit quality. This finding makes a contribution to theory and practice.
Download or read book Auditor Changes and Discretionary Accruals written by Mark L. DeFond and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines accounting choice as reflected in the behavior of discretionary accruals for a sample of auditor change firms. Discretionary accruals are estimated around the time of the auditor change using a variation of the Jones (1991) technique. After controlling for several potentially confounding factors associated with auditor changes the paper finds that discretionary accruals are significantly income-decreasing during the last year with the predecessor auditor and not significantly different from zero during the first year with the successor auditor. In addition the difference in discretionary accruals between the last year with the predecessor and the first year with the successor is significantly income-increasing. The results also indicate there is no significant difference across sample partitions based on prior year audit opinions or Big Six membership of the predecessor and successor auditors.
Download or read book Audits of Public Companies written by United States. General Accounting Office and published by Nova Publishers. This book was released on 2008 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines (1) concentration in the market for public company audits, (2) the potential for smaller accounting firms' growth to ease market concentration, and (3) proposals that have been offered by others for easing concentration and the barriers facing smaller firms in expanding their market shares.
Download or read book The Determinants of Audit Fees Evidence from the Voluntary Sector written by Vivien A. Beattie and published by . This book was released on 2001 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given the growing demand for accountability in the public sector, there is a need to begin to investigate audit pricing issues in markets within this sector. This study makes three principal contributions. First, it develops and estimates, for the first time, a model of audit fee determinants relevant to the charity sector. The model is based on 210 of the top 500 UK charities with average incoming resources of 27 million pounds. As in previous private sector company studies, size, organisational complexity and audit firm location are the major determinants. A positive association between audit fees and fees for non-audit services is also observed. Charity sector factors of empirical significance include the fundamental nature of the charity (i.e., predominantly grant-making or fund-raising), the importance of trading as a source of charity income and the charity's activity. Separate models are developed for grant-making and fund-raising charities, the results reflecting the relative complexity of the audit of fund-raising charities. Second, the lower auditor concentration in the charity sector market, compared to the private sector market, permits a more powerful test of whether large firms and/or auditor expertise are rewarded with a fee premium. The results show that Big 6 audit firms receive higher audit fees (18.5%, on average) than non-Big 6 firms for audits of fund-raising charities. There is also evidence that non-Big 6 audit firms with expertise in the sector are rewarded with a fee premium over other non-Big 6 firms, again in the more complex audit environment of fund-raising charities.Finally, the study demonstrates that the charity audit fee rate is significantly lower than that of private sector companies; in fact it is approximately half. Further research that discriminates between alternative explanations of this differential is called for. A change in the reporting of charity audit fees is proposed to reflect any element of 'charitable giving' by the audit firm.
Download or read book Evidence on the Auditor and Client Relationship written by Scott Whisenant and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In this study I describe the population of auditor changes for companies subject to filing requirements with the Securities Exchange Commission over a five-year period 1992 to 1996. I use data obtained from Auditor Trak on the reasons why corporate managers change auditors. The description of the auditor changes over a five-year period and additional examination of factors leading to client-initiated changes, not only provide insights into client and auditor relations not documented in prior studies, but also offer evidence which financial reporting regulators can use to assess the need for increased or improved disclosures required when companies change auditors.The study has two primary findings. First, I examine auditor changes over a five-year period and document differences in those auditor changes dependent on the party initiating of the auditor realignment decision. The data suggest that clients are three times as likely to initiate a change as compared to auditors. Clients most frequently initiate an auditor change (54 percent of the sample), and auditors resign or decline to stand for re-election in 16 percent of observations. The remaining 30 percent are due to factors that cannot be reliably categorized as either client or auditor initiated. Second, I use evidence from prior studies to classify managers' reasons for an auditor change into three groups that summarize the motivating factors surrounding auditor realignment decisions. These groups relate to structural changes of the company, audit fees, and auditor-client frictions. The second primary result is obtained by grouping the reasons into similar motivating factors as shown in the literature (i.e., other than a simple classification by initiating party) for client-initiated changes. A structural change in the client or the auditor leads to the largest frequency of changes (38 percent) among client-initiated auditor switches. Another 25 percent of client-initiated changes report audit fees as being the reason for the change. Managers report that auditor-client frictions led to the change for approximately 5 percent of the changes. The remaining 32 percent cannot be reliably classified along the lines suggested by prior literature.
