We examine whether more experienced auditors develop helpful intuition when evaluating risk factors. We expect documentation requirements to inhibit the use of intuition by activating different knowledge structures, reducing judgment quality in areas where auditors have helpful intuition. In an...

This research experimentally investigates how auditors make combined auditee risk judgments during the planning of the audit of an account balance in a client's financial statements. If auditors fail to assimilate risk factors according to normative criteria, inefficient or ineffective audits...

This paper provides evidence on the incremental investor reaction to a going concern emphasis of matter paragraph (GC-EOM) in the auditor's report over financial statements disclosure of a going concern uncertainty (GC-FS). We make use of a “natural experiment” provided by a change in...

We exploit a 2008 regulatory change in a Canadian province to investigate the association between engagement partner identification (EPI) and audit quality (AQ) and to illustrate the implications of control group design choices on this association. In contrast to prior studies, firms in our...