While prior auditing research has examined auditors' sensitivity to source reliability, this research has primarily focused on source characteristics including competence, objectivity and integrity. However, psychology research suggests that the persuasion process is more complex with other...

Using a field-based questionnaire administered to practicing auditors, we examine how auditors simultaneously combine the key planning variables, client-level misstatement risk (comprised of inherent risk and control risk) with account-level subjectivity, when utilizing internal audit as a cost...

PCAOB Auditing Standard No. 5 (AS5) allows external auditors (EAs) to rely on the internal audit function (IAF) when the internal audit activities meet certain criteria and the EAs would find efficiencies in relying on their work (PCAOB 2007). This paper reviews the extant literature on the EAs'...

The pricing of initial audit engagements has long been of interest to regulators because of audit quality concerns speculated to arise with lowball pricing tactics. However, there has been very little empirical investigation specifically aimed at understanding the link between audit fees and...

In a group audit setting, component auditors receive instructions and communication from a group engagement team supervisor, while working under the immediate direction of a different, component audit supervisor. This study examines how the component audit supervisor's preferences and nature of...