pt. 1. The social environment of auditing -- pt. 3. The impact of regulation of auditing -- pt. 3. Research on the process of auditing -- pt. 4. Issues concerned with audit reporting -- pt. 5. Alternative auditing services -- pt. 6. Conclusion.

This paper contributes to the audit quality literature by defining continuous measures of expected future audit-firm losses and testing their association with proxies of financial reporting quality. In prior studies audit-firm size has been used as a proxy for expected future audit-firm losses...