Persistent Link:
http://hdl.handle.net/10150/577330
Title:
Auditor Industry Specialization and Revenue Manipulation
Author:
Judd, Joshua Scott
Issue Date:
2015
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.
Abstract:
While the effect of auditor industry specialization is well documented in prior literature, it is unclear under what conditions or for which type of firms an auditor's industry expertise matters. I hypothesize that industry specialist auditors will provide higher quality audits in settings where the likelihood of revenue manipulation is greater. I use a firm's manipulation of revenues to measure audit quality because the revenue account is significant, requires in-depth industry specific knowledge, and is subject to frequent manipulation. The results suggest that the impact of industry specialists is concentrated among firms with complex revenue recognition standards, high growth, and low institutional monitoring. Overall, my findings highlight the importance for regulators, auditors, clients, and investors to consider the circumstances in which industry expertise improves the quality of an audit.
Type:
text; Electronic Dissertation
Keywords:
Auditor Industry Expertise; Complexity; Growth; Institutional Monitoring; Revenue Manipulation; Accounting; Audit Fees
Degree Name:
Ph.D.
Degree Level:
doctoral
Degree Program:
Graduate College; Accounting
Degree Grantor:
University of Arizona
Advisor:
Dhaliwal, Dan
Committee Chair:
Dhaliwal, Dan

Full metadata record

DC FieldValue Language
dc.language.isoen_USen
dc.titleAuditor Industry Specialization and Revenue Manipulationen_US
dc.creatorJudd, Joshua Scotten
dc.contributor.authorJudd, Joshua Scotten
dc.date.issued2015en
dc.publisherThe University of Arizona.en
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
dc.description.abstractWhile the effect of auditor industry specialization is well documented in prior literature, it is unclear under what conditions or for which type of firms an auditor's industry expertise matters. I hypothesize that industry specialist auditors will provide higher quality audits in settings where the likelihood of revenue manipulation is greater. I use a firm's manipulation of revenues to measure audit quality because the revenue account is significant, requires in-depth industry specific knowledge, and is subject to frequent manipulation. The results suggest that the impact of industry specialists is concentrated among firms with complex revenue recognition standards, high growth, and low institutional monitoring. Overall, my findings highlight the importance for regulators, auditors, clients, and investors to consider the circumstances in which industry expertise improves the quality of an audit.en
dc.typetexten
dc.typeElectronic Dissertationen
dc.subjectAuditor Industry Expertiseen
dc.subjectComplexityen
dc.subjectGrowthen
dc.subjectInstitutional Monitoringen
dc.subjectRevenue Manipulationen
dc.subjectAccountingen
dc.subjectAudit Feesen
thesis.degree.namePh.D.en
thesis.degree.leveldoctoralen
thesis.degree.disciplineGraduate Collegeen
thesis.degree.disciplineAccountingen
thesis.degree.grantorUniversity of Arizonaen
dc.contributor.advisorDhaliwal, Danen
dc.contributor.chairDhaliwal, Danen
dc.contributor.committeememberDhaliwal, Danen
dc.contributor.committeememberMichas, Paulen
dc.contributor.committeememberSunder, Jayanthien
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