Journal ArticleDOI
The Association Between Municipal Disclosure Practices and Audit Quality
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TLDR
In this article, the authors examined the impact of two proxies for audit quality on a model of public sector disclosure for a sample of municipal governments and found that more complete disclosures enhance the reputation of an independent auditing firm and that independent auditors, seeking to maintain a reputation of higher quality, positively influence the level of financial disclosures appearing in their clients' financial statements.About:
This article is published in Journal of Accounting and Public Policy.The article was published on 1991-12-01. It has received 112 citations till now. The article focuses on the topics: Audit plan & Audit evidence.read more
Citations
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Journal ArticleDOI
Additional Evidence on Audit Report Lag
W. Robert Knechel,Jeff L. Payne +1 more
TL;DR: In this paper, the authors extend their understanding about the determinants of audit report lag using a proprietary database containing 226 audit engagements from an international public auditing firm and show that unexpected reporting delays may be associated with lower quality information.
Journal ArticleDOI
The accessibility of financial reporting of u.s. municipalities on the internet
Alan K. Styles,Mack Tennyson +1 more
TL;DR: In this paper, the authors examined the availability and accessibility of local government financial reports on the Internet for a sample of 300 U.S. municipalities of varying size and found that the accessibility of the financial data reported on the internet is positively related to the number of residents, resident income per capita, and level of debt and financial position of the municipality.
Journal ArticleDOI
Auditor specialization, perceived audit quality, and audit fees in the local government audit market
TL;DR: This article found that audit firm specialization is positively associated with perceived audit quality but not with audit fees, and they also found that Big 5 auditors, often used as a proxy for higher audit quality, consistently charge higher audit fees.
Journal ArticleDOI
Governance structures and accounting at large municipalities
Gary Giroux,Andrew J McLelland +1 more
TL;DR: In this paper, the authors test the significance of governance structure on accounting disclosure levels and financial condition, based on samples of large cities from the early 1980s and the mid-1990s.
Journal ArticleDOI
The effects of GAAP regulation and bond market interaction on local government disclosure
TL;DR: In this article, the authors examine the effects of disclosure regulation on municipal managers' incentives to disclose financial report information to the bond market, and find that managers have bond market-induced incentive to disclose information.
References
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Book
Regression Diagnostics: Identifying Influential Data and Sources of Collinearity
TL;DR: In this article, the authors present a method for detecting and assessing Collinearity of observations and outliers in the context of extensions to the Wikipedia corpus, based on the concept of Influential Observations.
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Auditor size and audit quality
TL;DR: In this paper, the authors argue that audit quality is not independent of audit firm size, even when auditors initially possess identical technological capabilities, and when incumbent auditors earn client-specific quasi-rents, auditors with a greater number of clients have more to lose by failing to report a discovered breach in a particular client's records.
Book
Applied Linear Regression
TL;DR: In this paper, the authors present a method to estimate the least squares of a scatterplot matrix using a simple linear regression model, and compare it with the mean function of the scatterplot matrices.
Journal ArticleDOI
The pricing of audit services - theory and evidence
TL;DR: In this paper, the authors provide evidence from a test of the hypothesis that price competition prevails throughout the market for the audits of publicly held companies, irrespective of the share of a market segment which is serviced by the Big Eight firms.