Client Importance, Nonaudit Services, and Abnormal Accruals

By Hyeesoo Hyun Chung, Sanjay Kallapur. 2003

844 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/4672e874db6c8fb62b043cbe8e307a0e41a1a156

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Citations in the corpus

After Enron: Auditor Conservatism and Ex-Andersen Clients (2006, methodology): “Similar to Chung and Kallapur (2003), we use the market-to-book ratio to measure growth.”
Client importance and audit partner independence (2012, background): “Although the majority of academic papers (Ashbaugh et al., 2003; Chung and Kallapur, 2003; DeFond et al., 2002) fail to find any such evidence, SOX nevertheless prohibits auditors from providing most non-audit services to their audit clients due to concerns about independence.”
Earnings Management within Multinational Corporations (2018, background): “…inflation and change in per-capita (in real 13 See, e.g., Warfield et al. (1995), Dechow and Dichev (2002), Frankel, et al. (2002), Klein (2002), Chung and Kallapur (2003), Myers et al. (2003), Haw et al. (2004), and Bergstresser and Philippon (2006). purchasing power based) GDP, both meant…”
Do Nonaudit Services Compromise Auditor Independence? Further Evidence (2003, background): “Chung and Kallapur (2003) find no association between their audit fee metrics and the absolute value of discretionary accruals measured with the modified Jones model.”
Auditor Independence and Audit Quality (2015, background): “However, Chung and Kallapur (2003) report no association between client importance and abnormal accruals.”
The joint determination of audit fees, non-audit fees, and abnormal accruals (2006, neutral): “In fact, contrary to the results in Ashbaugh et al. (2003) and Chung and Kallapur (2003) , we find that non-audit fees decrease abnormal accruals, which we attribute to the productive effects of non-audit services.”
Client Importance and Earnings Management: The Moderating Role of Audit Committees (2011, background): “reported by Chung and Kallapur (2003). The absence of a ban or limit suggests nonaudit fees paid to auditors would vary with”
Disclosure of fees paid to auditors and the market valuation of earnings surprises (2006, neutral): “However, Ashbaugh et al. (2003), Chung and Kallapur (2003) , Francis and Ke (2003), Larcker and Richardson (2004), and Reynolds, Deis, and Francis (2004), report evidence that this is not the case, or that the results in Frankel et al. (2002) are driven by subsets of firms and do not generalize to ”