...) on audit report lags and how environmental business factors can influence this relationship. China provides two distinctive institutional factors that allow for a richer exploration of the relationship between litigation against clients and audit lag: state ownership and a decentralized legal system...

...Charles P. Cullinan; Xiaochuan Zheng Purpose This paper examines the relationship between accounting outsourcing and audit lag. Accounting outsourcing may reduce misstatement risk, reducing the amount of audit effort necessary and thereby decrease audit lag. Alternatively, outsourcing may increase...