Economic literature documents that the rate of investment in intangibles has exceeded tangible assets in the U.S. private sector since the mid-1990s. However, whether or how the internally developed intangibles affect auditors' risk assessment and work has received little attention. This study...

The economic literature documents that the investment rate in intangible assets, including intellectual property (IP), has far outpaced that of tangible assets for several decades. In this context, our research delves into the impact of self-created intangible assets on the auditor's risk...