journal article Jan 01, 2023

Why Are Key Audit Matter Disclosures Incrementally Informative Compared to Critical Audit Matter Disclosures?

View at Publisher Save 10.2139/ssrn.4569474
Topics

No keywords indexed for this article. Browse by subject →

References
36
[1]
I Andreicovici "Do firms respond to auditors' red flags? Evidence from the expanded audit report" Frankfurt School of Finance & Management (2024)
[2]
M E Barth "The relevance of the value relevance literature for financial accounting standard setting: Another view" Journal of Accounting and Economics (2001) 10.1016/s0165-4101(01)00019-2
[3]
J B�dard "Consequences of expanded audit reports: Evidence from the justifications of assessments in France" Auditing: A Journal of Practice & Theory (2019) 10.2308/ajpt-52339
[4]
S V Brown "Large-sample evidence on firms' year-over-year MD&A modifications" Journal of Accounting Research (2011) 10.1111/j.1475-679x.2010.00396.x
[5]
J J Burke "The disclosure and consequences of US critical audit matters" The Accounting Review (2023) 10.2308/tar-2021-0013
[6]
"Letter to the PCAOB dated May 18. Comments on PCAOB Release 2023-001" Proposed Auditing Standard -General Responsibilities of the Auditor in Conducting an Audit and Proposed Amendments to PCAOB Standards (Proposal) (2023)
[7]
M W Dirsmith "Structure and agency in an institutionalized setting: The application and social transformation of control in the Big Six" Accounting, Organizations and Society (1997) 10.1016/s0361-3682(96)00005-0
[8]
K D Drake "Disclosure of tax-related critical audit matters and tax-related outcomes" Contemporary Accounting Research (Forthcoming) (2023)
[9]
"ECS-Feedback-Paper-Final1.pdf Financial Reporting Council (FRC)" International Standard on Auditing (UK and Ireland) 700: The independent auditor's report on financial statements (2011)
[10]
T J Fogarty "Accountancy before the fall: The AICPA vision project and related professional enterprises" Accounting, Organizations and Society (2006) 10.1016/j.aos.2004.07.004
[11]
J Gassen Outliers and robust inference in archival accounting research (2023)
[12]
R Greenwood "Theorizing change: The role of professional associations in the transformation of institutionalized fields" Academy of Management Journal (2002) 10.2307/3069285
[13]
J Gunn The new auditor's report: Speech to the 6th Brazilian conference on accounting and independent auditing (2016)
[14]
E Gutierrez "Consequences of adopting an expanded auditor's report in the United Kingdom" Review of Accounting Studies (2018) 10.1007/s11142-018-9464-0
[15]
S Ho audit-matters-have-provided-significant-benefits-to-investors/ International Auditing and Assurance Standards Board (IAASB) (2016)
[16]
M D Kimbrough "The influences of financial statement recognition and analyst coverage on the market's valuation of R&D capital" The Accounting Review (2007) 10.2308/accr.2007.82.5.1195
[17]
Z King Differences in the value relevance of identifiable intangible assets (2023)
[18]
C S Lennox "Why are expanded audit reports not informative to investors? Evidence from the United Kingdom" Review of Accounting Studies (2022)
[19]
A J Leone "Influential observations and inference in accounting research" The Accounting Review (2019) 10.2308/accr-52396
[20]
L Liao Consequences of key audit matters in emerging economies: Evidence from Hong Kong and Mainland China (2024)
[21]
E Lohwasser Consequences of US audit standards and practice for foreign jurisdictions: Evidence from expanded audit reporting (2024)
[22]
T Loughran "When is a liability not a liability? Textual analysis, dictionaries, and 10-Ks" The Journal of Finance (2011) 10.1111/j.1540-6261.2010.01625.x
[23]
D Lynch The consequences of expanded audit reporting: Evidence from tax-related key audit matters (2023)
[24]
The art of conversation: the expanded audit report

Miguel Minutti-Meza

Accounting and Business Research 2021 10.1080/00014788.2021.1932264
[25]
RE: FRC Consultation Paper-Effective Company Stewardship (2011)
[26]
J Nylen Do key audit matter disclosures about M&A transactions predict future performance? Working Paper (2024)
[27]
K Peterson "The earnings quality and information processing effects of accounting consistency" The Accounting Review (2015) 10.2308/accr-51048
[28]
Pkf Llp RE: FRC Consultation Paper-Effective Company Stewardship (2011)
[29]
V.-A Porumb "Expanded auditor's report disclosures and loan contracting" Contemporary Accounting Research (2021) 10.1111/1911-3846.12697
[30]
( Pricewaterhousecoopers AS 3101: The Auditor's Report on an Audit of Financial Statements When the Auditor Expresses an Unqualified Opinion. Public Company Accounting Oversight Board (PCAOB). (2022a) (2011)
[31]
"2022b). Staff White Paper. Second Econometric Analysis on the Initial Implementation of CAM Requirements. Public Company Accounting Oversight Board (PCAOB). (2023a" Standards and Emerging Issues Advisory Group-Briefing on CAMs and Estimates and Specialists Post-Implementation Reviews
[32]
Investor Advisory Group Briefing to the PCAOB -Critical Audit Matters
[33]
L C Reid "Impact of auditor report changes on financial reporting quality and audit costs: Evidence from the United Kingdom" Contemporary Accounting Research (2019) 10.1111/1911-3846.12486
[34]
L M Rousseau "It's a matter of style: The role of audit firms and audit partners in key audit matter reporting" Release No. 33-8879: Acceptance from Foreign Private Issuers of Financial Statements Prepared in Accordance with International Financial Reporting Standards without Reconciliation to US GAAP (2007)
[35]
Plc Unilever "M&A due diligence, post-acquisition performance, and financial reporting for business combinations" Contemporary Accounting Research (2011)
[36]
H Zhai "Key audit matters and stock price synchronicity: Evidence from a quasi-natural experiment in China" International Review of Financial Analysis (2021) 10.1016/j.irfa.2021.101747
Cited By
2
Review of Accounting Studies
Metrics
2
Citations
36
References
Details
Published
Jan 01, 2023
Cite This Article
Jessica Nylen, Daniel D. Wangerin, Karla M. Zehms (2023). Why Are Key Audit Matter Disclosures Incrementally Informative Compared to Critical Audit Matter Disclosures?. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.4569474
Related

You May Also Like