Brand name audit firms are global networks of local audit firms. These networks claim to enforce consistent audit methodologies across their member firms, which if true, should systematically affect client financial reporting. We find that clients from different countries have more (less)...

This study investigates whether Public Company Accounting Oversight Board (PCAOB) inspections of foreign auditors affect global financial reporting comparability. Foreign auditors may adjust audit methodologies to address PCAOB inspection findings, which could affect financial reporting of local...