Auditing: A Journal of Practice and Theory http://scitation.aip.org/ Auditing: A Journal of Practice and Theory Priming/Reaction-Time Evidence of the Structure of Auditors' Knowledge of Financial Statement Errors http://link.aip.org/link/?JPT/29/99/1&agg=rss Michael P. Coyne, Stanley F. Biggs, and Jay S. Rich<br/> SUMMARY: Audit research has generally concluded that auditors primarily organize their memory of financial statement errors by audit objective rather than transaction cycle. Although this stream of research has typically used the cue sorting method, the concept of primary organizing dimension is bel ... [Auditing: A Journal of Practice & Theory 29, 99 (2010)] published Fri Apr 9, 2010. Audit Office Size, Audit Quality, and Audit Pricing http://link.aip.org/link/?JPT/29/73/1&agg=rss Jong-Hag Choi, Chansog (Francis) Kim, Jeong-Bon Kim, and Yoonseok Zang<br/> SUMMARY: Using a large sample of U.S. audit client firms over the period 20002005, this paper investigates whether and how the size of a local practice office within an audit firm (hereafter, office size) is a significant, engagement-specific factor determining audit quality and audit fees over and ... [Auditing: A Journal of Practice & Theory 29, 73 (2010)] published Fri Apr 9, 2010. Auditor Changes Following a Big 4 Merger with a Local Chinese Firm: A Case Study http://link.aip.org/link/?JPT/29/41/1&agg=rss Charles J. P. Chen, Xijia Su, and Xi Wu<br/> SUMMARY: This study examines auditor-client relationships following the high-profile merger of a local Chinese audit firm, Da-Hua CPAs, with a Big 4 firm, Ernst & Young, to create EYDH in early 2002. Of the 46 domestically listed clients Da-Hua had at the time of the merger, 30 switched to other aud ... [Auditing: A Journal of Practice & Theory 29, 41 (2010)] published Fri Apr 9, 2010. Quality, Timing, and Luck: Looking Back at Ashton (1974) http://link.aip.org/link/?JPT/29/3/1&agg=rss Robert H. Ashton<br/> Abstract not available. [Auditing: A Journal of Practice & Theory 29, 3 (2010)] published Fri Apr 9, 2010. Exploring Trust and the Auditor-Client Relationship: Factors Influencing the Auditor's Trust of a Client Representative http://link.aip.org/link/?JPT/29/279/1&agg=rss Morina D. Rennie, Lori S. Kopp, and W. Morley Lemon<br/> SUMMARY: This research examines financial statement auditors' trust of members of client management in the context of a disagreement. In this descriptive field study involving 48 partners and 23 managers of Canadian offices of international accounting firms, we explore factors that can influence an ... [Auditing: A Journal of Practice & Theory 29, 279 (2010)] published Fri Apr 9, 2010. Auditor Conservatism after Enron http://link.aip.org/link/?JPT/29/267/1&agg=rss Dorothy A. Feldmann and William J. Read<br/> SUMMARY: Corporate scandals and the resulting passage of the Sarbanes-Oxley Act (SOX) in 2002 significantly affected the auditing profession. The quality of financial statement audits was called into questioned and the media and regulators held audit firms responsible. Several studies found evidence ... [Auditing: A Journal of Practice & Theory 29, 267 (2010)] published Fri Apr 9, 2010. Audit Reviewers' Evaluation of Subordinates' Work Quality http://link.aip.org/link/?JPT/29/251/1&agg=rss Hun-Tong Tan and Premila Gowri Shankar<br/> SUMMARY: Reviewers routinely assess the quality of preparers' work as part of the quality control mechanism in the audit review process. We investigate whether reviewers' assessment of preparers' work quality is jointly influenced by their initial opinions on the audit task, the strength of the just ... [Auditing: A Journal of Practice & Theory 29, 251 (2010)] published Fri Apr 9, 2010. Short-Term Accruals and the Pricing and Production of Audit Services http://link.aip.org/link/?JPT/29/221/1&agg=rss Caren Schelleman and W. Robert Knechel<br/> SUMMARY: This study investigates how risk associated with increased levels of accruals that might be indicative of earnings management affects the pricing and production of audit services. Francis and Krishnan (1999) suggest that auditors can deal with the risk of earnings management in five ways: ( ... [Auditing: A Journal of Practice & Theory 29, 221 (2010)] published Fri Apr 9, 2010. The Effect of Alternative Types of Review on Auditors' Procedures and Performance http://link.aip.org/link/?JPT/29/207/1&agg=rss Elizabeth A. Payne, Robert J. Ramsay, and E. Michael Bamber<br/> SUMMARY: Audit workpaper review is a primary means of quality control in auditing firms. While prior research shows that anticipation of a review affects preparers' judgments, there is little research on the effects of the different review formats that occur in practice. The research that does exist ... [Auditing: A Journal of Practice & Theory 29, 207 (2010)] published Fri Apr 9, 2010. Audit Committee Member Investigation of Significant Accounting Decisions http://link.aip.org/link/?JPT/29/173/1&agg=rss Bradley Pomeroy<br/> SUMMARY: In the post-Enron environment, audit committee (AC) members are under increased scrutiny to demonstrate effectiveness in resolving significant accounting issues. However, prior research suggests that AC members are not involved in material auditor-client negotiations and that they are often ... [Auditing: A Journal of Practice & Theory 29, 173 (2010)] published Fri Apr 9, 2010. The Association between Financial Reporting Risk and Audit Fees before and after the Historic Events Surrounding SOX http://link.aip.org/link/?JPT/29/15/1&agg=rss Shannon L. Charles, Steven M. Glover, and Nathan Y. Sharp<br/> SUMMARY: This study investigates whether the association between financial reporting risk and audit fees changed during 20002003: a time period marked by momentous and historic events for auditors. We find a positive statistically and economically significant relationship between financial reporting ... [Auditing: A Journal of Practice & Theory 29, 15 (2010)] published Fri Apr 9, 2010. Development of a Scale to Measure Professional Skepticism http://link.aip.org/link/?JPT/29/149/1&agg=rss R. Kathy Hurtt<br/> SUMMARY: Professional skepticism is an important concept in audit practice, as evidenced by its prominence throughout the auditing standards. In this paper I propose that professional skepticism is a multi-dimensional individual characteristic. As an individual characteristic, professional skepticis ... [Auditing: A Journal of Practice & Theory 29, 149 (2010)] published Fri Apr 9, 2010. Modified Sieve Sampling: A Method for Single- and Multi-Stage Probability- Proportional-to-Size Sampling http://link.aip.org/link/?JPT/29/125/1&agg=rss Lucas A. Hoogduin, Thomas W. Hall, and Jeffrey J. Tsay<br/> SUMMARY: Widely used probability-proportional-to-size (PPS) selection methods are not well adapted to circumstances requiring sample augmentation. Limitations include: (1) an inability to augment selections while maintaining PPS properties, (2) a failure to recognize changes in census stratum member ... [Auditing: A Journal of Practice & Theory 29, 125 (2010)] published Fri Apr 9, 2010. EDITOR'S COMMENTS Quality, Timing, and Luck: Looking Back at Ashton (1974) http://link.aip.org/link/?JPT/29/1/1&agg=rss Ken Trotman<br/> Abstract not available. [Auditing: A Journal of Practice & Theory 29, 1 (2010)] published Fri Apr 9, 2010. Additional Journal Content http://link.aip.org/link/?JPT/29/i/1&agg=rss <br/> Abstract not available. [Auditing: A Journal of Practice & Theory 29, i (2009)] published Wed Oct 21, 2009. Additional Journal Content http://link.aip.org/link/?JPT/28/i/1&agg=rss <br/> Abstract not available. [Auditing: A Journal of Practice & Theory 28, i (2009)] published Wed Oct 21, 2009. Author Information http://link.aip.org/link/?JPT/28/329/1&agg=rss <br/> Abstract not available. [Auditing: A Journal of Practice & Theory 28, 329 (2009)] published Wed Oct 21, 2009. Auditing: A Journal of Practice & Theory Editor's Report http://link.aip.org/link/?JPT/28/325/1&agg=rss <br/> Abstract not available. [Auditing: A Journal of Practice & Theory 28, 325 (2009)] published Wed Oct 21, 2009. Data Diagnostics Using Second-Order Tests of Benford's Law http://link.aip.org/link/?JPT/28/305/1&agg=rss Mark J. Nigrini and Steven J. Miller<br/> SUMMARY: Auditors are required to use analytical procedures to identify the existence of unusual transactions, events, and trends. Benford's Law gives the expected patterns of the digits in numerical data, and has been advocated as a test for the authenticity and reliability of transaction level acc ... [Auditing: A Journal of Practice & Theory 28, 305 (2009)] published Wed Oct 21, 2009. Risk Shifts in the Market for Audits: An Examination of Changes in Risk for Second Tier Audit Firms http://link.aip.org/link/?JPT/28/93/1&agg=rss Chris E. Hogan and Roger D. Martin<br/> SUMMARY: The market for audit services has been affected in recent years by significant changes like the demise of Andersen and the implementation of the Sarbanes-Oxley Act of 2002. One impact of these market changes has been an increase in the frequency of auditor switches, and in particular, the f ... [Auditing: A Journal of Practice & Theory 28, 93 (2009)] published Wed Oct 21, 2009. Resolving Disputed Financial Reporting Issues: Effects of Auditor Negotiation Experience and Engagement Risk on Negotiation Process and Outcome http://link.aip.org/link/?JPT/28/65/1&agg=rss Helen L. Brown and Karla M. Johnstone<br/> SUMMARY: In an experiment involving a dyadic negotiation between a computer-simulated client and practicing auditors, we examine the effects of engagement risk and auditor negotiation experience on the process and outcomes of client-auditor negotiations. We find that auditors with lower negotiation ... [Auditing: A Journal of Practice & Theory 28, 65 (2009)] published Wed Oct 21, 2009. Assessing France's Joint Audit Requirement: Are Two Heads Better than One? http://link.aip.org/link/?JPT/28/35/1&agg=rss Jere R. Francis, Chrystelle Richard, and Ann Vanstraelen<br/> SUMMARY: We examine auditor choice for listed companies in France where two (joint) auditors are required by law. This unique setting creates more complex auditor choice than the typical Big 4/non-Big 4 dichotomy in other countries, and we study if a firm's ownership structure affects its auditor-pa ... [Auditing: A Journal of Practice & Theory 28, 35 (2009)] published Wed Oct 21, 2009. Audit Fees at U.S. Non-Profit Organizations http://link.aip.org/link/?JPT/28/289/1&agg=rss Thomas E. Vermeer, K. Raghunandan, and Dana A. Forgione<br/> SUMMARY: Non-profit organizations account for a significant share of the U.S. national economy. Some recent scandals and governance failures in non-profits have led to increased scrutiny of non-profits, including new state laws related to external audits. In this paper, we extend audit fee research ... [Auditing: A Journal of Practice & Theory 28, 289 (2009)] published Wed Oct 21, 2009. An Examination of the Effects of Procedural Safeguards on Intentions to Anonymously Report Fraud http://link.aip.org/link/?JPT/28/273/1&agg=rss Steven E. Kaplan, Kurt Pany, Janet A. Samuels, and Jian Zhang<br/> SUMMARY: The Sarbanes-Oxley Act of 2002 (SOX, Sec. 301) requires audit committees of public companies to establish procedures for employee anonymous reporting of concerns regarding questionable accounting, internal control, or auditing matters. Audit committees have great flexibility in their implem ... [Auditing: A Journal of Practice & Theory 28, 273 (2009)] published Wed Oct 21, 2009. Why Do Some Accelerated Filers with SOX Section 404 Material Weaknesses Provide Early Warning under Section 302? http://link.aip.org/link/?JPT/28/247/1&agg=rss Dana R. Hermanson and Zhongxia (Shelly) Ye<br/> SUMMARY: During the first year of the SOX Section 404 reporting requirements (effective November 15, 2004), many adverse Section 404 audit reports were a surprise in that management had not previously warned investors of the internal control deficiencies (ICDs) in SEC filings under Section 302 (effe ... [Auditing: A Journal of Practice & Theory 28, 247 (2009)] published Wed Oct 21, 2009. Forced Audit Firm Change, Continued Partner-Client Relationship, and Financial Reporting Quality http://link.aip.org/link/?JPT/28/227/1&agg=rss Charles J. P. Chen, Xijia Su, and Xi Wu<br/> SUMMARY: This study extends Blouin et al. ([BGR] 2007) by providing partner-level evidence regarding the effect of continued auditor-client relationships on financial reporting quality over a three-year post-switch period. Using a sample of forced audit firm changes in China where the identities of ... [Auditing: A Journal of Practice & Theory 28, 227 (2009)] published Wed Oct 21, 2009. Are the Reputations of the Large Accounting Firms Really International? Evidence from the Andersen-Enron Affair http://link.aip.org/link/?JPT/28/199/1&agg=rss Steven F. Cahan, David Emanuel, and Jerry Sun<br/> SUMMARY: This paper investigates the stock price reaction of Andersen's non-U.S. clients around two key dates leading up to Andersen's demise, i.e., January 10, 2002, when Andersen announced it had shredded documents related to the Enron audit, and February 4, 2002, when Enron's board released a rep ... [Auditing: A Journal of Practice & Theory 28, 199 (2009)] published Wed Oct 21, 2009. The Impact of Regulation on Auditor Fees: Evidence from the Sarbanes-Oxley Act http://link.aip.org/link/?JPT/28/171/1&agg=rss Aloke Ghosh and Robert Pawlewicz<br/> SUMMARY: We examine changes in auditor fees around the Sarbanes-Oxley Act (SOX). Audit fees are expected to increase after SOX due to an increase in both audit effort and auditors' expected legal liability. Our results indicate an economically large increase in audit fees following the enactment of ... [Auditing: A Journal of Practice & Theory 28, 171 (2009)] published Wed Oct 21, 2009. Experimental Tests of a Descriptive Theory of Combined Auditee Risk Assessment http://link.aip.org/link/?JPT/28/145/1&agg=rss Scott D. Vandervelde, Richard M. Tubbs, Albert Schepanski, and William F. Messier, Jr.<br/> SUMMARY: This research experimentally investigates how auditors make combined auditee risk judgments during the planning of the audit of an account balance in a client's financial statements. Experimental tests were performed of whether the predictions of the AICPA model of auditee risk determinatio ... [Auditing: A Journal of Practice & Theory 28, 145 (2009)] published Wed Oct 21, 2009. The Impact of Positive and Negative Mood on the Hypothesis Generation and Ethical Judgments of Auditors http://link.aip.org/link/?JPT/28/119/1&agg=rss Anna M. Cianci and James Lloyd Bierstaker<br/> SUMMARY: This paper examines the impact of mood on the hypothesis generation and ethical judgments of auditors. Prior psychology research documents different effects of negative and positive mood on information processing such that negative (positive) mood leads to more systematic (heuristic) proces ... [Auditing: A Journal of Practice & Theory 28, 119 (2009)] published Wed Oct 21, 2009. A Model and Literature Review of Professional Skepticism in Auditing http://link.aip.org/link/?JPT/28/1/1&agg=rss Mark W. Nelson<br/> Abstract not available. [Auditing: A Journal of Practice & Theory 28, 1 (2009)] published Wed Oct 21, 2009.