A Framework for Understanding and Researching Audit Quality

By Jere R. Francis. 2011

872 citations recorded by the source corpus.

Subfields: Accounting, Finance, Management Information Systems

View Paper: https://www.semanticscholar.org/paper/21625f36d0cf459644c7c44d07a33e3921235eb8

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Citations in the corpus

Do (Fe)Male Auditors Impair Audit Quality? Evidence from Going-Concern Opinions (2016, background): “Extant studies have examined audit quality differentiation at the audit firm level (see Francis, 2004, 2011).”
Does Audit Market Concentration Harm the Quality of Audited Earnings? Evidence from Audit Markets in 42 Countries (2013, positive): “…are the outcome of the negotiation between the firm and the auditor (Antle and Nalebuff 1991; Gibbins, McCracken and Salterio 2010), and statistical properties of earnings can be used to draw inferences about the underlying quality of audit outcomes under different scenarios (Francis 2011).”
Empirical evidence on the implicit determinants of compensation in Big 4 audit partnerships (2013, positive): “3 In this way, we are able to treat audit partners as rational economic agents who seek to maximize their economic interests within the compensation structures of their firms (Antle, 1982; Johnstone, Sutton, and Warfield 2001, Zeff 2003a, 2003b; Liu and Simunic 2005; Causholli and Knechel 2011; Fran”
Do Social Ties between External Auditors and Audit Committee Members Affect Audit Quality (2016, background): “4 In contrast to the auditor’s opinion formulation, earnings-based measures for our purposes may suffer from amounting to the joint product of management and auditor decisions (e.g., Francis 2011).”
The impact of audit committee expertise on audit quality: Evidence from UK audit fees (2017, background): “A number of researchers have presented comprehensive reviews of existing research on audit quality as well as presenting revised frameworks to facilitate future research in the field (Francis, 2004; Francis, 2011; Knechel, Niemi & Zerni, 2013; DeFond & Zhang, 2014).”
Do Industry-Specialist Auditors Influence Stock Price Crash Risk? (2015, positive): “We test whether auditor industry specialization mitigates stock price crash risk and consequently provide evidence on the economic consequences of auditors, a topic deemed as research-worthy in a recent and influential review article (Francis 2011).”
Audit Quality and Specialist Tenure (2018, background): “10 avoid any self-selection bias that could arise from auditor choice (Francis 2011).”
Audit Quality: Insights from the Academic Literature (2013, methodology): “However, while Casterella et al. (2009, 716) state, “…we believe poor audit quality is observable with hindsight if an engagement results in litigation or a claim of malpractice against the audit firm,” there are relatively few cases of detectable audit failures (see Francis 2011).”
Auditor Independence and Audit Quality (2015, background): “See Francis (2011) for a general framework for studying factors affecting audit quality.”