Auditing: A Journal of Practice & Theory articles from September 2001

Auditing: A Journal of Practice & Theory archives from September 2001

Profitability Regulation, Earnings Management, and Modified Audit Opinions: Evidence from China.(Statistical Data Included)
September 1, 2001... It is important to understand why managers may prefer modified audit opinions (MAOs) rather than simply accepting auditor modifications in financial reports. Because the Securities and Exchange Commission bars listed companies from filing...

The Effects of Corporate Governance Experience and Financial-Reporting and Audit Knowledge on Audit Committee Members' Judgments.(Statistical Data Included)
September 1, 2001... Both regulators and practitioners are increasingly concerned about the effectiveness of audit committees. A consensus seems to be emerging that audit committees can only be effective if they are independent of management and composed of...

The Effect of Accounting Uncertainty and Auditor Reputation on Auditor Objectivity.(Statistical Data Included)
September 1, 2001... The most important dimension of auditor independence is objectivity in evaluating and reporting on a client s financial information. Prior research has shown that the auditor s objectivity is most severely threatened when the proper accounting...

Free Cash Flow, Debt Monitoring, and Audit Pricing: Further Evidence on the Role of Director Equity Ownership.(Statistical Data Included)
September 1, 2001... Agency theory suggests that there is a conflict of interest between managers and shareholders in firms with low management ownership; this occurs because the interests of the managers and the shareholders may not be closely aligned. We expect...

The Effects of Judgments of New Clients' Integrity upon Risk Judgments, Audit Evidence, and Fees.(Statistical Data Included)
September 1, 2001... Auditors in the planning stage are concerned about the integrity of clients because it affects fraud risk, especially in the case of new clients, with whom auditors are less familiar. Fraud is an element of auditors business risk, and when they...

The Audit Retention Decision in the Face of Deregulation: Evidence from Large Private Canadian Corporations.(Statistical Data Included)
September 1, 2001... The purpose of this research was to determine the importance of factors that affect whether a company retains or discontinues its financial statement audit when given the opportunity to choose. Such an opportunity arose in 1994 for large...

The Effect of Internal Audit Outsourcing on Financial Analysts' Perceptions of External Auditor Independence.(Statistical Data Included)
September 1, 2001... Financial analysts play an important role in the U.S. financial market system. Not only do their actions affect markets, but they are also in a unique position to assess how capital market participants may view certain issues. Accordingly, we...