Accounting firms are currently re-engineering their audit processes with the aim of delivering a quality audit more efficiently. One area of potential efficiency gains is the sequential and hierarchical working paper review process. This study examines one approach for improving review...

One important purpose of audit review is to provide feedback and on-the-job training (Libby and Luft 1993), but we know very little about the effectiveness of review as a feedback mechanism. Firms have recently been moving to including discussion of performance and audit findings as part of the...

Despite the controversy regarding quot;glass ceilingquot; effects for women and the specific concern expressed by large CPA firms over their inability to retain women in senior positions, there is little empirical evidence regarding why women partners and managers leave public accounting. In...

We examine the effect of Audit Committee (AC) quality on auditor conservatism from two perspectives that may be held by the auditors. The first perspective is that enhanced AC quality lowers audit risk, which allows auditors to be less aggressive when insisting on recording adjusting entries –...