We discuss “Economic Consequences of Mandatory Auditor Reporting to Bank Regulators” by Balakrishnan, De George, Ertan … auditor reporting to bank regulators is reduced bank risk, and its costs include reduced profitability from less overall and … reporting links to reduced bank risk. We scrutinize BDES’s analyses and inferences and suggest additional analyses to improve …

Altamuro and Beatty (2009) examine financial reporting quality before and after the Federal Deposit Insurance … that the internal control provision of FDICIA improved financial reporting quality. In this paper, we provide a brief … Beatty. Next, we report new evidence relating to the subgroups driving the changes in financial reporting quality surrounding …