...Deborah Drummond Smith; Kimberly C. Gleason; Joan Wiggenhorn; Yezen H. Kannan Purpose This paper aims to apply the Capital Market Liability of Foreignness (CMLOF) framework to the audit fees of a sample of foreign firms listed on US exchanges to examine whether American auditors price foreignness...

... of this paper is to contribute to the inquiry on internal control effectiveness by examining the impact of the type (same or different) and number of internal control weaknesses on audit fees. The paper also examines whether firms that remediate continue to incur higher audit fees compared to firms that never...

...Kam C. Chan; Rudolph A. Jacob; Picheng Lee; Gim S. Seow Purpose The purpose of this study is to examine the change in audit fees for US‐listed foreign firms in their first year of providing Section 404 auditor attestation reports for fiscal years ending between July 15, 2006 and July 14, 2007...

...Li Dang; Kevin F. Brown; B.D. McCullough Purpose The purpose of this paper is to examine the value relevance of accounting information in cases of apparent audit failures. Design/methodology/approach The authors adopt the bootstrapping technique and compare the value relevance of key...

...Guy D. Fernando; Ahmed M. Abdel‐Meguid; Randal J. Elder Purpose The purpose of this paper is to investigate the impact of certain audit quality attributes, namely auditor size, auditor industry specialization and auditor tenure on a client firm's cost of equity capital. Design/methodology...

... Auditing United States of America In response to a series of accounting scandals, most notably Enron and WorldCom, the US Congress passed the Sarbanes‐Oxley Act in 2002. Section 404 of the Act (SOX 404) requires the management of publicly traded corporations to establish internal controls over...

...Li‐Chin Jennifer Ho; Chao‐Shin Liu; Thomas Schaefer Purpose The purpose of this paper is to examine the relation between audit tenure and how clients manage the annual earnings surprise. Design/methodology/approach A sample of 5,029 firm‐year observations from 1996 to 2003 were employed...

...‐releases” usually remain unaudited. The purpose of this paper is to propose conceptual and technical frameworks of continuous auditing to provide a solution for this problem. This solution could also move the traditional auditing forward to the new e‐auditing generation. Design/methodology/approach...

...Santanu Mitra; Donald R. Deis; Mahmud Hossain Purpose The purpose of this paper is to examine the empirical association between expected and unexpected audit fees and reported earnings quality for a sample of Big 4(5) client companies over a period from 2000 to 2005. Design/methodology/approach...

...Hanmei Chen; Kurt Pany; Jian Zhang Purpose The purpose of this paper is to investigate the relationship between the amounts obtained using professionally accepted quantitative benchmarks of audit planning materiality and the size of accounting misstatements corrected by financial statements...