How should the auditors be audited? Comparing the PCAOB Inspections with the AICPA Peer Reviews

By Mark L. Defond. 2010

149 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/3faf69d80a9a1f7ed2219918f0d2212963063c4d

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Citations in the corpus

Does increased board independence reduce earnings management? Evidence from recent regulatory reforms (2015, unknown): “Recent studies (Plumlee and Yohn 2008; Scholz 2008; DeFond 2010) argue that post-SOX restatements often result from confusion over the interpretation of new accounting standards and have little impact on firm value. Second, we find that firms with restatements in the pre-SOX period, particularly tho”
The impact of the pcaob individual engagement inspection process-preliminary evidence (2018, background): “…if the PCAOB is less likely to inspect again an engagement that passed an inspection, the deterrence effect of the inspection process itself (e.g., DeFond, 2010) would mechanically be lowered, thereby providing additional incentives for the audit firm to lower auditor effort on a specific…”
Does PCAOB Inspection Access Improve Audit Quality? An Examination of Foreign Firms Listed in the United States (2016, methodology): “I measure accruals following Francis and Wang (2008) which is a linear expectation model adapted from DeFond and Park (2001). I employ this measure of accruals rather than a crosssectional discretionary accruals model (e.”
Audit Quality: Insights from the Academic Literature (2013, background): “PCAOB inspections are independent and can impose higher sanctions for poor quality (Gunny and Zhang 2011; DeFond 2010).”
Regulating Audit beyond the Crisis: A Critical Discussion of the EU Green Paper (2011, unknown): “…from the USA) is not conclusive regarding the audit quality impacts of replacing a self-regulated peer review programme with a system of independent audit inspection under the auspices of the PCAOB (e.g. see Hilary and Lennox, 2005; Lennox and Pittman, 2010; DeFond, 2010; DeFond and Lennox, 2011).”