审计师披露关键审计事项的成本和收益:来自美国的初步证据

IF 1.2 Q3 BUSINESS, FINANCE
Valerie Li, Yan Luo
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引用次数: 1

摘要

为了使审计报告向财务报表用户提供更多信息,上市公司会计监督委员会(PCAOB)要求编制一份扩大的审计报告,要求审计师披露关键审计事项。新标准(AS 3101)对截至2019年6月30日或之后的财政年度大型加速申报人的财务报表审计生效。使用大型加速申报人的年度报告样本,我们研究了在审计师报告中强制披露CAM的成本和收益。我们的证据表明,与没有报告CAM的审计报告相比,审计报告中单一CAM披露的存在为股权投资者提供了增量信息,而不会显著增加审计成本。然而,使用单一CAM披露的基准,审计师报告中的多个CAM会导致更高的审计费用和更长的审计延迟。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Costs and benefits of auditors' disclosure of critical audit matters: Initial evidence from the United States

In an effort to make audit reports more informative to financial statement users, the Public Company Accounting Oversight Board (PCAOB) requires an expanded audit report in which auditors are required to disclose critical audit matters (CAMs). The new standard (AS 3101) became effective for audits of financial statements of large accelerated filers for fiscal years ending on or after June 30, 2019. Using a sample of annual reports of large accelerated filers with and without CAM disclosures, we examine the costs and benefits of the mandatory disclosure of CAMs in auditors' reports. Our evidence suggests that compared to auditor reports reporting no CAMs, the presence of a single CAM disclosure in the auditor's report provides incremental information to equity investors without a significant increase in audit costs. However, using the benchmark of a single CAM disclosure, multiple CAMs in an auditor's report results in higher audit fees and longer audit delays.

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来源期刊
Advances in Accounting
Advances in Accounting BUSINESS, FINANCE-
CiteScore
2.50
自引率
6.20%
发文量
29
期刊介绍: Advances in Accounting, incorporating Advances in International Accounting continues to provide an important international forum for discourse among and between academic and practicing accountants on the issues of significance. Emphasis continues to be placed on original commentary, critical analysis and creative research.
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