A Two-Sided Matching Model of the Audit Market for IPO Firms
SSRN Electronic Journal,
Journal Year:
2018,
Volume and Issue:
unknown
Published: Jan. 1, 2018
We
estimate
a
two-sided
matching
model
of
firms
with
auditors.
Doing
so
allows
us
to
separate
the
effects
sorting
from
influence
in
audit
market
and
identify
effect
that
each
has
on
observed
quality.
find
evidence
auditors
clients
engage
assortative
based
inherent
client
This
appears
explain
much
"Big
4"
several
common
outcomes;
after
controlling
for
matching,
we
no
auditor
likelihood
restatement,
as
well
mixed
whether
Big
4
presence
affects
serious
comment
letter
conversations
SEC.
selection
have
less
an
internal
control
weaknesses.
Collectively,
our
results
highlight
importance
accounting
between
understanding
clients'
financial
reporting
practices.
Language: Английский
The Effect of Audit Partner National Office Experience on Audit and Career Outcomes
SSRN Electronic Journal,
Journal Year:
2023,
Volume and Issue:
unknown
Published: Jan. 1, 2023
Large
public
accounting
firms
routinely
tout
national
office
rotational
experience;
however,
the
costs
and
benefits
of
experience
for
audit
partners
need
to
be
better
understood.
We
examine
implications
this
using
a
mixed-methods
approach.
begin
by
conducting
18
semi-structured
interviews
with
experience.
These
interviewees
shed
light
on
why
auditors
obtain
such
experience,
their
perceptions
challenges
stemming
from
thoughts
how
influences
work.
Based
these
theory,
we
empirically
affects
partners'
careers,
client
assignments,
outcomes.
find
that
allowing
coveted
leadership
positions
and,
those
less
visible
offices,
promotions
partner
quicker.
However,
little
evidence
quality
or
efficiency
audits,
except
under
several
specific
circumstances.
Overall,
our
study
sheds
perceived
actual
auditor
Language: Английский