International Journal of Auditing最新文献

Key drivers of cybersecurity audit effectiveness: A neo‐institutional perspective 网络安全审计有效性的关键驱动因素：新制度视角

IF 2 4区管理学

International Journal of Auditing Pub Date : 2024-07-23 DOI: 10.1111/ijau.12365

Tina Vuko, Sergeja Slapničar, Marko Čular, Matej Drašček

{"title":"Key drivers of cybersecurity audit effectiveness: A neo‐institutional perspective","authors":"Tina Vuko, Sergeja Slapničar, Marko Čular, Matej Drašček","doi":"10.1111/ijau.12365","DOIUrl":"https://doi.org/10.1111/ijau.12365","url":null,"abstract":"The aim of this paper is to analyse which factors explain the effectiveness of internal audit in providing assurance about cybersecurity risk management. On the basis of neo‐institutional theory, we hypothesize that coercive (cybersecurity regulation), normative (professionalization of internal auditors and Boards) and mimetic forces (outsourcing of cyber security assurance services) positively contribute to cybersecurity audit (CSA) effectiveness. As these forces do not come about in an interest free model, we study the role of and the interaction with other actors who shape the CSA practices—Boards and security experts. We hypothesize that Board's support to CSA and the level of internal auditors' cooperation with the first and the second line of defence positively affect CSA effectiveness. To test our hypothesis, we conducted a survey involving IT auditors and Chief Audit Executives from various industries, organizations of different sizes and countries. We examined the hypothesized relationships in a series of regression analyses. We find that normative forces (professionalization of the internal auditors and Boards' competences), Board's support to CSA and cooperation between the internal audit function (IAF) and the first two line of defence significantly explain the CSA effectiveness. We find no support for the effect of regulation as a coercive force and outsourcing as a mimetic force. We discuss potential reasons for our findings and their implications. The paper is an original analysis that advances our understanding of key drivers of CSA effectiveness and their relationships.","PeriodicalId":47092,"journal":{"name":"International Journal of Auditing","volume":"75 1","pages":""},"PeriodicalIF":2.0,"publicationDate":"2024-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141775725","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Fresh‐look effect of audit firm and audit partner rotations? Evidence from European key audit matters 审计公司和审计合伙人轮换的新视角效应？欧洲关键审计事项的证据

IF 2 4区管理学

International Journal of Auditing Pub Date : 2024-07-18 DOI: 10.1111/ijau.12364

Florian Philipp Federsel

{"title":"Fresh‐look effect of audit firm and audit partner rotations? Evidence from European key audit matters","authors":"Florian Philipp Federsel","doi":"10.1111/ijau.12364","DOIUrl":"https://doi.org/10.1111/ijau.12364","url":null,"abstract":"Many countries worldwide mandate the rotation of audit partners or audit firms to reinforce independence and professional skepticism. The European Union is a rare instance requiring audit firm and audit partner rotation simultaneously. By analysing 6,103 firm‐year observations of non‐financial firms from 29 European countries between 2018 and 2022, this study finds that audit firm rotations are associated with considerable changes in key audit matters, suggesting the existence of a fresh‐look effect. In contrast, audit partner rotations appear to induce only limited variations in the key audit areas. Additional analyses reveal that the results are consistent across mandatory and voluntary rotations. Collectively, the findings suggest that audit firm rotations enable auditors to overcome institutional pressures toward standardisation within audit firms, while practical considerations such as the requirement of gradual rotation mechanisms within audit firms might limit individual audit partners' influence. This study adds to the inconclusive literature on the effects of (mandatory) audit partner and audit firm rotations. Further, the results contribute new insights into the consequences of the EU audit reform that has introduced mandatory audit firm rotation and provide evidence in favour of audit firm rotation requirements for other regulators.","PeriodicalId":47092,"journal":{"name":"International Journal of Auditing","volume":"38 1","pages":""},"PeriodicalIF":2.0,"publicationDate":"2024-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141744304","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Big 4 effect for new audit services: The case of the Danish COVID‐19 fixed‐cost business‐support scheme 新审计服务的 "四大 "效应：丹麦 COVID-19 固定成本业务支持计划案例

IF 2 4区管理学

International Journal of Auditing Pub Date : 2024-07-11 DOI: 10.1111/ijau.12363

Morten Holm, Thomas Riise Johansen

引用次数: 0

Are there audit fee premiums for client portfolio management? 客户投资组合管理是否有审计费溢价？

IF 2 4区管理学

International Journal of Auditing Pub Date : 2024-07-04 DOI: 10.1111/ijau.12361

Stuart D. Taylor

引用次数: 0

Regulatory intensity and audit fees 监管力度和审计费用

IF 2 4区管理学

International Journal of Auditing Pub Date : 2024-06-29 DOI: 10.1111/ijau.12362

Hongkang Xu

引用次数: 0

External auditing arrangements of smaller authorities in England 英格兰较小机构的外部审计安排

IF 2.1 4区管理学

International Journal of Auditing Pub Date : 2024-06-28 DOI: 10.1111/ijau.12360

Katarzyna Lakoma, Peter Murphy, Angela Toothill

引用次数: 0

Setting auditing standards: Analysis of a writing process 制定审计标准：编写过程分析

IF 2.1 4区管理学

International Journal of Auditing Pub Date : 2024-06-07 DOI: 10.1111/ijau.12355

Isabelle Fabioux

引用次数: 0

Audit team diversity, work quality and affective state outcomes 审计团队的多样性、工作质量和情感状态结果

IF 2.1 4区管理学

International Journal of Auditing Pub Date : 2024-05-27 DOI: 10.1111/ijau.12354

Alice Annelin, Tobias Svanström

引用次数: 0

Corruption and audit fees: New evidence from EU27 countries 腐败与审计费用：欧盟 27 国的新证据

IF 2.1 4区管理学

International Journal of Auditing Pub Date : 2024-05-15 DOI: 10.1111/ijau.12349

Markus Mottinger

{"title":"Corruption and audit fees: New evidence from EU27 countries","authors":"Markus Mottinger","doi":"10.1111/ijau.12349","DOIUrl":"10.1111/ijau.12349","url":null,"abstract":"<p>This study examines the relationship between country-level corruption and audit pricing decisions across EU27 countries. Using a sample of 29,607 firm-year observations for the period 2011–2021, I find that firms headquartered in more corrupt countries pay higher audit fees and have longer reporting lags. I also show that this relationship is stronger after the EU audit reform came into force in 2016. The results suggest that auditors respond to corruption risk stemming from the broader macroeconomic environment by increasing audit fees and audit effort. In additional analyses, I show how the association between audit fees and corruption varies across firm industries, and I document that female engagement partners tend to be more sensitive to corruption risk than their male counterparts. Ultimately, I find unexpected evidence indicating that financial reporting quality, proxied by discretionary accruals, is not adversely affected by corruption. This study addresses prior calls for a more granular understanding of external factors in audit research and provides the first European evidence of the association between corruption and auditor responses. The implications of this study should be particularly relevant for researchers, market participants and regulators.</p>","PeriodicalId":47092,"journal":{"name":"International Journal of Auditing","volume":"28 4","pages":"717-742"},"PeriodicalIF":2.1,"publicationDate":"2024-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ijau.12349","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140973110","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Assessing audit effort in response to exogenous shocks: Evidence from Korea on the impact of enhanced audit standards and COVID-19 评估审计工作对外部冲击的反应：韩国关于强化审计标准和 COVID-19 影响的证据

IF 2.1 4区管理学

International Journal of Auditing Pub Date : 2024-05-13 DOI: 10.1111/ijau.12353

Jumi Kim, Meehyun Kim, Yangin Yoon, Won Gyun No, Miklos A. Vasarhelyi

{"title":"Assessing audit effort in response to exogenous shocks: Evidence from Korea on the impact of enhanced audit standards and COVID-19","authors":"Jumi Kim, Meehyun Kim, Yangin Yoon, Won Gyun No, Miklos A. Vasarhelyi","doi":"10.1111/ijau.12353","DOIUrl":"10.1111/ijau.12353","url":null,"abstract":"<p>This study examines the effects of COVID-19 and the enhanced internal control requirements (Korea Sarbanes-Oxley or K-SOX) on audit effort in Korea. The results show that both COVID-19 and K-SOX led to increases in audit effort. Regarding the comparative magnitude of these two shocks, COVID-19 is associated with greater total audit effort, whereas K-SOX is linked to greater IT audit effort. This study also finds that Big 4 firms negatively moderate the increase in total audit effort and IT audit effort caused by COVID-19. Additionally, Big 4 firms moderate the effect of K-SOX on mid-sized clients. Specifically, Big 4 firms positively moderate the increase in total audit effort, whereas they negatively moderate the increase in IT audit effort caused by K-SOX. This study also investigates the effects of COVID-19 and K-SOX on various ranks of auditors and the effects of these exogenous events observed across different industry sectors. Our findings provide insights into the impact of an unpredicted global health crisis and predicted stringent regulations on audit effort when they occur simultaneously, an area that has never been addressed due to its unprecedented nature.</p>","PeriodicalId":47092,"journal":{"name":"International Journal of Auditing","volume":"28 4","pages":"695-716"},"PeriodicalIF":2.1,"publicationDate":"2024-05-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ijau.12353","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140984218","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0