Engagement Planning, Bid Pricing, and Client Response in the Market for Initial Attest Engagements

By Karla M. Johnstone, Jean C. Bedard. 2001

223 citations recorded by the source corpus.

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Audit Fees and Book-Tax Differences (2012, unknown): “12 -either upward or downward) based on reasoning and results in Joos et al. (2000) and Hanlon (2005) where large book-tax differences in both directions are associated with lower earnings response coefficients and less persistent earnings.”
A Review and Model of Auditor Judgments in Fraud-Related Planning Tasks (2011, background): “For example, Johnstone and Bedard (2001) examined client acceptance decisions and noted that the firm increased the planned use of personnel who specialize in high risk clients and planned an additional layer of review for prospective clients for whom at least one red flag is identified.”
Audit Market Concentration, Audit Fees, and Audit Quality: Evidence from China (2016, background): “When clients are risky, auditors apply more audit plans and resources in audit procedures, leading to higher audit fees (Johnstone and Bedard 2001; Niemi 2002; Bedard and Johnstone 2004).”
How Do Audit Seniors Respond to Heightened Fraud Risk (2011, methodology): “Johnstone and Bedard (2001) show that auditors plan an additional”
Audit Quality: Insights from the Academic Literature (2013, background): “For example, the acceptance of higher risk clients is facilitated by employing the use of audit staff with greater expertise (Johnstone and Bedard 2001) and auditor specialists (Johnstone and Bedard 2003).”