Office Size of Big 4 Auditors and Client Restatements

By Jere R. Francis, Paul N. Michas, Michael D. Yu. 2013

291 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/abc212c142f5871ff7f6f915860635db0cc23dd9

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Citations in the corpus

The Contagion Effect of Low-Quality Audits (2013, background): “Finally, a concurrent study by Francis et al. (2012) makes a limited comparison of income restatements in the Audit Analytics and Compustat Unrestated Quarterly databases and ﬁnds that both contain some errors, but when the two databases are in agreement, they correspond to SEC ﬁlings.”
Do Social Ties between External Auditors and Audit Committee Members Affect Audit Quality (2016, methodology): “For example, Lennox and Pittman (2010) find that Big N clients are less likely to commit fraudulent financial reporting and Francis et al. (2013) document that larger Big N offices have fewer client restatements.”
Does a Lack of Choice Lead to Lower Quality?: Evidence from Auditor Competition and Client Restatements (2013, unknown): “13 We follow prior literature and use restatements as a measure of audit quality (e.g., Kinney et al. 2004; Schmidt 2012; Francis et al. 2013; Schmidt and Wilkins 2013).”
The Analysis of Fraudulent Financial Reporting Determinant through Fraud Pentagon Approach (2017, background): “Francis et al.(2013) stated that the larger the size of the public accounting firm, the possibility of fraud would be lower because the large public accounting firm was considered to have a higher experience and expertise on the client industry.”
Fee Pressure and Audit Quality (2014, unknown): “A high-quality audit should, ceteris paribus, be more likely to detect material misstatements at a higher rate than would a lower quality audit (Palmrose and Scholz, 2004; Francis et al., 2013).”
Crash Risk and the Auditor-Client Relationship (2017, background): “Francis et al. (2013) raise another related limitation of accrual quality measures, namely, that they only measure the abnormal part of earnings relative to statistical norms and thus do not reflect the economic impact of aggressive accounting policies.”