International Journal of Auditing最新文献

The Effect of Earlier Contract Date for Auditor Change on Audit Quality

IF 2.1 4区管理学

International Journal of Auditing Pub Date : 2025-01-22 DOI: 10.1111/ijau.12371

Sangil Kim, Jonggeun Kim, Ho-Young Lee

引用次数: 0

The Impact of Combating Bribery and Corruption Report Assurance on Financial Analysts' Decisions

IF 2.1 4区管理学

International Journal of Auditing Pub Date : 2024-12-15 DOI: 10.1111/ijau.12370

Reiner Quick, Neriman Yalçin

{"title":"The Impact of Combating Bribery and Corruption Report Assurance on Financial Analysts' Decisions","authors":"Reiner Quick, Neriman Yalçin","doi":"10.1111/ijau.12370","DOIUrl":"https://doi.org/10.1111/ijau.12370","url":null,"abstract":"There is an increasing pressure on companies to provide nonfinancial information. An important element of related nonfinancial reports is information on combating bribery and corruption. This study examines the impact of voluntary assurance on such reports on financial analyst perceptions and decisions. Moreover, it investigates whether the type of assurance provider (financial statement auditor vs. another audit firm) and the assurance level (limited vs. reasonable assurance) exert an influence. For this purpose, we conducted an experiment with a 2 × 2 + 1 between-subject design and financial analysts from Turkey as participants. The extent of financial analyst reliance on the combating bribery and corruption report of a fictitious company, their likelihood to recommend the purchase of shares of the fictitious company, their related credit risk assessment and the likelihood that they purchase shares in the fictitious company served as dependent variables. The analyses are based on 116 responses after the elimination of manipulation check failures. Our findings indicate that assurance on combating bribery and corruption reports results in perceptions and decisions which are more favourable to the fictitious company. Moreover, they do not indicate a significant impact of the type of assurance provider. However, our participants' perceptions are more positive in the case of reasonable assurance.","PeriodicalId":47092,"journal":{"name":"International Journal of Auditing","volume":"29 2","pages":"305-326"},"PeriodicalIF":2.1,"publicationDate":"2024-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ijau.12370","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143761986","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

The Role of CSR Report Assurance and ESG Rating in Bank Manager's Judgement on ESG Lending Decisions

IF 2.1 4区管理学

International Journal of Auditing Pub Date : 2024-11-29 DOI: 10.1111/ijau.12369

Markus Isack, Ewald Aschauer

{"title":"The Role of CSR Report Assurance and ESG Rating in Bank Manager's Judgement on ESG Lending Decisions","authors":"Markus Isack, Ewald Aschauer","doi":"10.1111/ijau.12369","DOIUrl":"https://doi.org/10.1111/ijau.12369","url":null,"abstract":"The increasing number of ESG-linked financial instruments demonstrates the need for reliable information on companies' ESG performance, which is a challenge for users. Debates surround the effects of reliability-enhancing instruments like corporate social responsibility (CSR) report assurance and environmental, social, and governance (ESG) rating services on decisions related to ESG-linked financial instruments. Using experimental evidence from 156 bank managers, we show that assurance positively impacts ESG-linked credit lending decisions, with an additional positive impact when a neutral ESG rating is present in conjunction. When ESG performance and ESG rating improve, reasonable assurance can further amplify this positive effect. Additionally, our research indicates that the implementation of a positive ESG rating positively influences ESG-linked credit lending decisions, irrespective of any assurance factors. These findings have various implications, as they draw attention to the decision-making relevance of CSR report assurance and ESG ratings, as well as the understanding of assurance levels.","PeriodicalId":47092,"journal":{"name":"International Journal of Auditing","volume":"29 2","pages":"280-304"},"PeriodicalIF":2.1,"publicationDate":"2024-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ijau.12369","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143762363","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

The Implementation of the KAM Reforms in Saudi Arabia: Stakeholder Perspectives on the Audit Expectations Gap

IF 2.1 4区管理学

International Journal of Auditing Pub Date : 2024-10-25 DOI: 10.1111/ijau.12368

Saeed Al Qahtani, Duc Hong Thi Phan, Michael Kend, Ola Mohammed A. Alghasham

{"title":"The Implementation of the KAM Reforms in Saudi Arabia: Stakeholder Perspectives on the Audit Expectations Gap","authors":"Saeed Al Qahtani, Duc Hong Thi Phan, Michael Kend, Ola Mohammed A. Alghasham","doi":"10.1111/ijau.12368","DOIUrl":"https://doi.org/10.1111/ijau.12368","url":null,"abstract":"This exploratory study investigates the implementation of key audit matters (KAM) in audit reports under ISA701 to better understand how KAM disclosures may help narrow the audit expectations gap. The study draws on findings from semi-structured interviews with 28 professional stakeholders from the Kingdom of Saudi Arabia (KSA). The study's aim was to explore the relationship between KAM disclosures and the audit expectations gap considering audit quality concerns. Our findings reveal that (i) financial statement users report that they better understand what the auditor does, which enhanced their confidence in the audit process; and (ii) at least some financial statement users report that KAM disclosures provide new information about companies' risks that management was not already providing. We further report that many interviewees (particularly Big Four external auditors) indicated that the KAM reforms did not enhance audit quality in KSA. Interestingly, a small number of non-Big Four auditors believed that KAM disclosures have enhanced audit quality. The key message is that the KAM reforms did not necessarily improve audit quality but that they are perceived to have played a role in further narrowing the audit expectations gap and reducing the need for communication, thus creating market efficiencies.","PeriodicalId":47092,"journal":{"name":"International Journal of Auditing","volume":"29 2","pages":"243-259"},"PeriodicalIF":2.1,"publicationDate":"2024-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ijau.12368","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143762130","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

The effects of work division and technology on auditor engagement and performance

IF 2.1 4区管理学

International Journal of Auditing Pub Date : 2024-10-03 DOI: 10.1111/ijau.12367

Christopher A. Pearson

{"title":"The effects of work division and technology on auditor engagement and performance","authors":"Christopher A. Pearson","doi":"10.1111/ijau.12367","DOIUrl":"https://doi.org/10.1111/ijau.12367","url":null,"abstract":"In this study, I report the results of an experiment that considers how inexperienced auditors respond to work division and whether they respond to work differently when they divide it with technology instead of a colleague. Although work division may benefit audit efficiency and effectiveness, prior research suggests potentially worse performance when auditors divide work with their colleagues. However, the underlying mechanisms driving these adverse effects are unclear. Likewise, it is unclear whether findings extend to settings where auditors divide work with technology instead of their colleagues. Using a 3 × 1 between-subjects experiment that uses accounting students as proxies for inexperienced auditors, I find significantly worse performance when auditors divide work with a colleague compared with when they divide work with a technological tool or complete work independently. Additional analysis indicates that work division indirectly impacts performance through engagement, as experimental participants were less likely to engage with their work when it involved a colleague compared with when it involved technology or themselves. This study contributes by documenting how work division affects auditor performance, particularly how inexperienced auditors respond to work division involving technology compared with when involving a human colleague.","PeriodicalId":47092,"journal":{"name":"International Journal of Auditing","volume":"29 1","pages":"229-241"},"PeriodicalIF":2.1,"publicationDate":"2024-10-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143111756","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

Financial report readability and audit fees: Evidence from China

IF 2.1 4区管理学

International Journal of Auditing Pub Date : 2024-08-12 DOI: 10.1111/ijau.12366

Dongliang Yuan, Xiaojuan Yang, Rong Qin, Jianglong Yu

引用次数: 0

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 2.1 4区管理学

International Journal of Auditing Pub Date : 2024-07-22 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":"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":"29 1","pages":"188-206"},"PeriodicalIF":2.1,"publicationDate":"2024-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ijau.12365","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":"OA","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 2.1 4区管理学

International Journal of Auditing Pub Date : 2024-07-17 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":"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":"29 1","pages":"160-187"},"PeriodicalIF":2.1,"publicationDate":"2024-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ijau.12364","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":"OA","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 2.1 4区管理学

International Journal of Auditing Pub Date : 2024-07-10 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 2.1 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