审计师对 CAM 的沟通:时间、检查可能性和审计委员会

IF 3.2 3区 管理学 Q1 BUSINESS, FINANCE
Aubrey R. Whitfield, Yoon Ju Kang, Ken T. Trotman
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引用次数: 0

摘要

为了应对美国和国际上实施的扩展审计报告规定,审计事务所和监管机构都通过内部和外部检查加强了对关键审计事项/关键审计事项(统称为 CAM)的审查。与此同时,审计师和审计委员会也改变了与 CAM 相关的讨论内容和时间,在审计过程中更早地传达具体计划的审计程序。本研究探讨了提前向审计委员会传达与 CAM 相关的审计程序以及加强检查对审计师在出现新发现的审计风险时调整计划审计程序的倾向的影响。基于自我辩解理论,我们预测并发现,即使出现了有必要改变的额外风险,特别是有可能进行检查时,及早向审计委员会传达计划的审计程序会导致审计师不太可能调整计划的审计程序。这有可能降低审计质量。与审计合伙人的访谈提供了这些发现与当前审计环境的关系。
本文章由计算机程序翻译,如有差异,请以英文原文为准。

Auditor communication on critical audit matters: Timing, inspection likelihood, and the audit committee

Auditor communication on critical audit matters: Timing, inspection likelihood, and the audit committee

In response to the extended audit report regulations implemented in the United States and internationally, both audit firms and regulators have increased scrutiny over critical audit matters/key audit matters (collectively referred to as CAMs) through internal and external inspections. At the same time, auditors and audit committees (ACs) have altered the content and timing of CAM-related discussions by communicating specific planned audit procedures earlier in the audit process. This study explores the effect of early communication of CAM-related audit procedures to the AC and increased scrutiny from inspections on auditors' propensity to adjust planned audit procedures in the presence of newly identified audit risks. Based on self-justification theory, we predict and find that early communication of planned audit procedures to the AC causes auditors to be less likely to adjust planned audit procedures even when additional risks arise that necessitate change, especially when inspection is likely. This has the potential for diminished audit quality. Interviews with audit partners provide context for how these findings relate to the current auditing environment.

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来源期刊
CiteScore
6.20
自引率
11.10%
发文量
97
期刊介绍: Contemporary Accounting Research (CAR) is the premiere research journal of the Canadian Academic Accounting Association, which publishes leading- edge research that contributes to our understanding of all aspects of accounting"s role within organizations, markets or society. Canadian based, increasingly global in scope, CAR seeks to reflect the geographical and intellectual diversity in accounting research. To accomplish this, CAR will continue to publish in its traditional areas of excellence, while seeking to more fully represent other research streams in its pages, so as to continue and expand its tradition of excellence.
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