Does PCAOB Inspection Exposure Affect Auditor Reporting Decisions?

Persistent Link:
http://hdl.handle.net/10150/306135
Title:
Does PCAOB Inspection Exposure Affect Auditor Reporting Decisions?
Author:
Lamoreaux, Phillip T.
Issue Date:
2013
Publisher:
The University of Arizona.
Rights:
Copyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.
Embargo:
Release August 23, 2014
Abstract:
To gain insight into the Public Company Accounting Oversight Board's (PCAOB) impact on audit quality, this study investigates the association between PCAOB inspection exposure (akin to the threat of a PCAOB inspection) and auditor reporting decisions. Certain foreign governments prohibit PCAOB inspections of their domestic auditors of U.S. SEC registrants citing sovereign control. This unique setting provides an opportunity to observe variation in the reach of the PCAOB inspection program and isolate its' effect on auditor reporting. I find that auditors in jurisdictions allowing PCAOB inspections are more likely to report going concern opinions and material weaknesses relative to auditors in jurisdictions barring PCAOB inspections. I find no difference in these auditor reporting propensities in the pre-PCAOB regulatory. This study provides evidence that PCAOB inspection exposure is associated with auditor reporting incentives, and ultimately audit quality, which is the fundamental purpose of the PCAOB inspection program.
Type:
text; Electronic Dissertation
Keywords:
audit regulation; going concern; material weakness; PCAOB; Management; audit quality
Degree Name:
Ph.D.
Degree Level:
doctoral
Degree Program:
Graduate College; Management
Degree Grantor:
University of Arizona
Advisor:
Dhaliwal, Dan S.
Committee Chair:
Dhaliwal, Dan S.

Full metadata record

DC FieldValue Language
dc.language.isoen_USen_US
dc.titleDoes PCAOB Inspection Exposure Affect Auditor Reporting Decisions?en_US
dc.creatorLamoreaux, Phillip T.en_US
dc.contributor.authorLamoreaux, Phillip T.en_US
dc.date.issued2013-
dc.publisherThe University of Arizona.en_US
dc.rightsCopyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.en_US
dc.description.releaseRelease August 23, 2014en_US
dc.description.abstractTo gain insight into the Public Company Accounting Oversight Board's (PCAOB) impact on audit quality, this study investigates the association between PCAOB inspection exposure (akin to the threat of a PCAOB inspection) and auditor reporting decisions. Certain foreign governments prohibit PCAOB inspections of their domestic auditors of U.S. SEC registrants citing sovereign control. This unique setting provides an opportunity to observe variation in the reach of the PCAOB inspection program and isolate its' effect on auditor reporting. I find that auditors in jurisdictions allowing PCAOB inspections are more likely to report going concern opinions and material weaknesses relative to auditors in jurisdictions barring PCAOB inspections. I find no difference in these auditor reporting propensities in the pre-PCAOB regulatory. This study provides evidence that PCAOB inspection exposure is associated with auditor reporting incentives, and ultimately audit quality, which is the fundamental purpose of the PCAOB inspection program.en_US
dc.typetexten_US
dc.typeElectronic Dissertationen_US
dc.subjectaudit regulationen_US
dc.subjectgoing concernen_US
dc.subjectmaterial weaknessen_US
dc.subjectPCAOBen_US
dc.subjectManagementen_US
dc.subjectaudit qualityen_US
thesis.degree.namePh.D.en_US
thesis.degree.leveldoctoralen_US
thesis.degree.disciplineGraduate Collegeen_US
thesis.degree.disciplineManagementen_US
thesis.degree.grantorUniversity of Arizonaen_US
dc.contributor.advisorDhaliwal, Dan S.en_US
dc.contributor.chairDhaliwal, Dan S.en_US
dc.contributor.committeememberDhaliwal, Dan S.en_US
dc.contributor.committeememberFelix, Williamen_US
dc.contributor.committeememberLitov, Lubomiren_US
dc.contributor.committeememberMichas, Paulen_US
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