A5077057581- Auditing, Earnings Management, Governance
- Corporate Finance and Governance
- Corporate Social Responsibility Reporting
- Corporate Taxation and Avoidance
- Lysosomal Storage Disorders Research
- Financial Reporting and Valuation Research
- Financial Reporting and XBRL
- Biochemical and Molecular Research
- Ethics in Business and Education
- Environmental Sustainability in Business
- Virus-based gene therapy research
- Assisted Reproductive Technology and Twin Pregnancy
- Mining and Resource Management
- Environmental Policies and Emissions
- Animal Nutrition and Physiology
- Accounting and Organizational Management
- Business and Economic Development
- Trypanosoma species research and implications
- Sustainable Finance and Green Bonds
- Economic and Business Development Strategies
- Stock Market Forecasting Methods
- Prenatal Screening and Diagnostics
- Accounting Theory and Financial Reporting
- Corporate Identity and Reputation
- Nonprofit Sector and Volunteering
University of Colorado Denver
2016-2023
Regenxbio (United States)
2023
University of Denver
2017-2021
Bentley University
2016
ABSTRACT This study uses difference-in-differences (DiD) analyses to examine the consequences of adopting U.S. critical audit matter (CAM) disclosure requirement for preparers and users financial reports. The CAM is one largest expansions report since 1940s. We document significant changes statement footnotes referenced by CAMs, which suggests an indirect consequence where management in areas that are expected be scrutinized following auditor-provided disclosure. Results also suggest that,...
SUMMARY This paper investigates the overall impact of and information made available by recent audit partner disclosure requirement in U.S. After a contentious comment period, PCAOB released Rule 3211, which requires registered public accounting firms to disclose name for every report it issues. In first year adoption, we find significant increase quality fees decrease delay. We collect on gender, busyness, education, social connections explore whether these newly observable characteristics...
SYNOPSIS We use new data to examine auditor response negative media coverage of client environmental, social, and governance (ESG) practices. This can be indicative an increased risk material misstatement, which is important assessment in retention pricing decisions. Specifically, criticism threaten a client's financial condition, as well reveal management effectiveness integrity issues that are further compounded by attention related problems. therefore predict auditors will notice...
ABSTRACT This paper investigates the common, yet previously opaque, practice of using foreign audit firms (component auditors) to conduct portions work for U.S. public companies. regulators have expressed concern transparency and quality audits component auditors. Employing data disclosed in newly mandated PCAOB Form AP, we find that auditor use is largely structural, determined by size complexity clients' multinational operations. We do not mere auditors detrimental outcomes, but rather...
This study uses difference-in-difference analyses to examine the consequences of adopting U.S. critical audit matter (CAM) disclosure requirement for preparers and users financial reports. The CAM is one largest expansions report since 1940s. We document significant changes statement footnotes referenced by CAMs, which suggests an indirect consequence where management in areas that are expected be scrutinized following auditor-provided disclosure. Results also suggest that, on average,...
The increasing complexity of 10-K reporting has caused difficulties for investors seeking to understand and analyze a company’s financial reports. In this study, we examine whether the SEC’s comment letter process, consistent with its mission improve public company disclosure, reduces in subsequent filings. We find receipt competing impact on two distinct dimensions complexity. Specifically, related accounting concepts decreases after receipt, but linguistic increases. Validating impact,...
This paper investigates the common, yet previously opaque, practice of using foreign audit firms (component auditors) to conduct portions work for U.S. public companies. regulators have expressed concern transparency and quality audits component auditors. Employing data disclosed in newly-mandated PCAOB Form AP, we find that auditor use is largely structural, determined by size complexity clients’ multinational operations. We do not mere auditors detrimental outcomes, rather, amount...
This paper investigates the overall impact of and information made available by recent audit partner disclosure requirement in U.S. After a contentious comment period, PCAOB released Rule 3211, which requires registered public accounting firms to disclose name for every report it issues. In first year adoption, we find significant increase quality fees decrease delay. Furthermore, collect on gender, busyness, education, social connections explore whether these newly observable...
We fine-tune a large language model to classify accounting topics within financial disclosures. This allows for the efficient and accurate classification of in volumes out-of-sample unlabeled text. Specifically, our leverages innovations supervised machine learning models overcome challenges manually labeling data this task outperforms most prevalent topic method finance research (LDA). demonstrate importance these with several examples disclosures – custom notes statements, MD&A section,...
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We use new data to examine auditor response negative media coverage of client environmental, social, and governance (ESG) practices. This can be indicative an increased risk material misstatement, which is important assessment in retention pricing decisions. Specifically, criticism threaten a client’s financial condition, as well reveal management effectiveness integrity issues that are further compounded by attention related problems. therefore predict auditors will notice incorporate...
We examine the political-ideological diversity of audit partners and Chief Financial Officers (CFOs) its impact on financial reporting quality. These individuals cooperate to jointly produce audited statements, yet there is limited archival literature examining their relationship. Using hand-collected political campaign donation information, we measure ideology both CFOs, which theory suggests can influence approach work interactions with one another. find that between partner CFO negatively...
This paper examines whether component auditor use changes following audit partner rotation. For U.S. multinationals, the must determine and to what extent procedures, therefore auditors, are needed in foreign locations. A new may not change given firms strive for continuity during rotations, however, partners expected re-evaluate processes every year a provide fresh look at these decisions. We find incoming significantly decrease number of auditors used. result is concentrated small where...