Advances in Accounting最新文献_第10页

Ownership type and earnings management in U.S. hospitals 美国医院股权类型与盈余管理

IF 1.6

Advances in Accounting Pub Date : 2022-09-01 DOI: 10.1016/j.adiac.2022.100612

James N. Cannon , Melvin A. Lamboy-Ruiz , Olena V. Watanabe

引用次数: 1

Principles-based standards and conditional accounting conservatism 原则准则与条件会计稳健性

IF 1.6

Advances in Accounting Pub Date : 2022-09-01 DOI: 10.1016/j.adiac.2022.100607

Gopal V. Krishnan , Jing Zhang

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引用次数: 0

CEO power and discontinued operations 首席执行官权力和已终止的业务

IF 1.6

Advances in Accounting Pub Date : 2022-09-01 DOI: 10.1016/j.adiac.2022.100613

Li Sun , Christopher J. Skousen

引用次数: 3

Auditor interventions that reduce auditor liability judgments 减少审计责任判断的审计干预措施

IF 1.6

Advances in Accounting Pub Date : 2022-09-01 DOI: 10.1016/j.adiac.2022.100614

Valerie A. Chambers , Philip M.J. Reckers

{"title":"Auditor interventions that reduce auditor liability judgments","authors":"Valerie A. Chambers , Philip M.J. Reckers","doi":"10.1016/j.adiac.2022.100614","DOIUrl":"10.1016/j.adiac.2022.100614","url":null,"abstract":"<div><p>Prior research documents jurors do not always respond consistently, or favorably, to auditors' quality-intended efforts. Counterintuitively, in some instances, doing more has led to greater liability, not less (Reffett, 2010). We hypothesize (and find) that proactive engagement of the corporate audit committee will reduce counterfactual thinking, and the proactive use of a forensic specialist at the audit planning stage will reduce negative intention-attributions. We further hypothesize these interventions, in turn, will reduce negative affect toward the auditor and negligence judgments. Our research leverages counterfactual thinking, attribution, and blame theories, and the use of affect as information. Additionally, we build on recent research that finds proactive preventive actions and the presence of a strong, active audit committee can reduce auditor liability judgments (Alderman & Jollineau, 2020; Frank, Grenier, & Pyzoha, 2021). Unlike Reffett (2010), we find that auditor's incremental efforts can reduce, rather than increase, negligence judgments. Our scenarios differ from those of Reffett in the timing and nature of auditor interventions and the root causes of the audit failure. We contribute to ongoing research examining the effects of auditor choices on jurors' judgments.</p></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":"58 ","pages":"Article 100614"},"PeriodicalIF":1.6,"publicationDate":"2022-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41935477","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Firm life cycle and financial statement comparability 公司生命周期和财务报表可比性

IF 1.6

Advances in Accounting Pub Date : 2022-09-01 DOI: 10.1016/j.adiac.2022.100608

Pallab Kumar Biswas , Ahsan Habib , Dinithi Ranasinghe

引用次数: 6

Auditor rotation, key audit matter disclosures, and financial reporting quality 审计师轮岗、关键审计事项披露和财务报告质量

IF 1.6

Advances in Accounting Pub Date : 2022-06-01 DOI: 10.1016/j.adiac.2022.100594

Hsiao-Lun Lin , Ai-Ru Yen

{"title":"Auditor rotation, key audit matter disclosures, and financial reporting quality","authors":"Hsiao-Lun Lin , Ai-Ru Yen","doi":"10.1016/j.adiac.2022.100594","DOIUrl":"10.1016/j.adiac.2022.100594","url":null,"abstract":"<div><p>Auditor rotation is believed to affect financial reporting quality partly because of the fresh views brought by new auditors. However, fresh views are generally unobservable and are often presumed. This study examines fresh views as evidenced by changes in key audit matters (KAMs) following auditor rotation. Using data from Taiwan, we find that different KAM disclosures are more likely to be observed when there is a change in audit partner(s) than when there is none. The identification of different KAMs provides evidence of the fresh perspective of the new auditors. We also examine the association between financial reporting quality and auditor rotation based on whether there is a change in KAM disclosures. We find that auditor rotation is not significantly associated with accruals quality when there is no change in KAMs after the rotation. Auditor rotation tends to affect accruals quality only when different KAMs are provided by the succeeding audit partners. This finding suggests that auditor rotation influences financial reporting quality under circumstances when auditors change their assessments of significant risk, as this can affect the audit plan and process, and accordingly affect the audit results.</p></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":"57 ","pages":"Article 100594"},"PeriodicalIF":1.6,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43382062","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 5

Audit committee characteristics and compliance by Islamic banks with AAOIFI accounting standards 审计委员会的特点和伊斯兰银行对AAOIFI会计准则的遵守

IF 1.6

Advances in Accounting Pub Date : 2022-06-01 DOI: 10.1016/j.adiac.2022.100596

Yosra MNIF , Marwa TAHARI

{"title":"Audit committee characteristics and compliance by Islamic banks with AAOIFI accounting standards","authors":"Yosra MNIF , Marwa TAHARI","doi":"10.1016/j.adiac.2022.100596","DOIUrl":"10.1016/j.adiac.2022.100596","url":null,"abstract":"<div><p><span>This study examines the effect of audit committee characteristics (size, independence, and expertise) on compliance with the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI's) Financial Accounting Standards (FASs). Our sample consists of 372 bank-year observations from 2009 to 2015. Using panel regressions, our results provide evidence that compliance with AAOIFI's FASs is positively influenced by audit committee size. However, audit committee independence does not affect the compliance level. With respect to audit committee expertise, we find a positive and significant association between compliance with AAOIFI's FASs and accounting financial expertise. Moreover, our results reveal that audit committee members with accounting financial and culture expertise are positively and significantly associated with the level of compliance with AAOIFI's FASs. Interestingly, our finding suggests that an audit committee member with a combination of culture expertise (expertise in Islamic banking) and accounting financial expertise better improves the compliance level than an audit committee member with only accounting financial expertise</span><strong>.</strong></p></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":"57 ","pages":"Article 100596"},"PeriodicalIF":1.6,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"53968266","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 5

Do investors value audit quality of complex estimates? 投资者是否重视复杂估计的审计质量?

IF 1.6

Advances in Accounting Pub Date : 2022-06-01 DOI: 10.1016/j.adiac.2022.100595

Bingyi Chen

{"title":"Do investors value audit quality of complex estimates?","authors":"Bingyi Chen","doi":"10.1016/j.adiac.2022.100595","DOIUrl":"10.1016/j.adiac.2022.100595","url":null,"abstract":"<div><p>In recent years, Public Company Accounting Oversight Board (PCAOB) inspections have repeatedly reported audit deficiencies related to complex fair value measurements. Motivated by the PCAOB's concern, this paper investigates whether audit quality of fair value measurements has information value to investors. Using a sample of U.S. public banks during 2008–2019, I find a significantly positive (negative) association between stock prices (bid-ask spreads) and the perceived audit quality of fair value estimates. This finding is consistent with investors valuing audit quality as it enhances the reliability of—and reduces the uncertainty associated with—complex estimates. Furthermore, using the fair value hierarchy mandated by SFAS 157, <em>Fair Value Measurement</em><span>, I find the incremental valuation effect of the perceived audit quality is greater for the substantial estimation uncertainties and potential management bias inherent in Level 3 fair value assets. In addition, I find some evidence that an auditor's banking industry expertise plays a more significant role than Big 4 status in investors' perceptions of audit quality with respect to FVM. Additional cross-sectional results reveal that the documented effect is greater for banks with declining capital adequacy and for smaller banks. Collectively, my findings suggest that perceived audit quality is important to investors in assessing the informativeness of complex fair value measurements.</span></p></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":"57 ","pages":"Article 100595"},"PeriodicalIF":1.6,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45491150","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Does mandatory IFRS adoption affect large and small public firms' accounting quality differently? Evidence from Canada 强制性采用国际财务报告准则对大型和小型上市公司会计质量的影响是否不同?来自加拿大的证据

IF 1.6

Advances in Accounting Pub Date : 2022-06-01 DOI: 10.1016/j.adiac.2022.100598

Gulraze Wakil , Karin A. Petruska

引用次数: 2

Textual fundamentals in earnings press releases 盈利新闻稿的文本基础

IF 1.6

Advances in Accounting Pub Date : 2022-06-01 DOI: 10.1016/j.adiac.2022.100591

Ken Li

引用次数: 0