Arnedo, Laura; Lizarraga, Fermin; Sanchez, Santiago - In: International Journal of Accounting, Auditing and … 5 (2009) 3, pp. 229-251
This study proposes auditors' effectiveness in the transmission (AET) of GAAP misstatements as a new measure of audit quality that is obtained from the audit report. We carry out a content analysis of the audit reports of a sample of 533 pre-bankrupt Spanish firms and find that the poorly...
