Auditor Style and Financial Statement Comparability

dc.contributor.author Francis, Jere
dc.contributor.author Pinnuck, Matthew
dc.contributor.author Watanabe, Olena
dc.contributor.department Accounting
dc.date 2020-01-16T20:26:08.000
dc.date.accessioned 2020-06-29T22:44:34Z
dc.date.available 2020-06-29T22:44:34Z
dc.date.copyright Wed Jan 01 00:00:00 UTC 2014
dc.date.issued 2014-03-01
dc.description.abstract <p>The term “audit style” is used to characterize the unique set of internal working rules of each Big 4 audit firm for the implementation of auditing standards and the enforcement of GAAP within their clienteles. Audit style implies that two companies audited by the same Big 4 auditor, subject to the same audit style, are more likely to have comparable earnings than two firms audited by two different Big 4 firms with different styles. By comparable we mean that two firms in the same industry and year will have a more similar accruals and earnings structure. For a sample of U.S. companies for the period 1987 to 2011, we find evidence consistent with audit style increasing the comparability of reported earnings within a Big 4 auditor's clientele.</p>
dc.description.comments <p>This accepted article is published as Jere R. Francis, Matthew L. Pinnuck, and Olena Watanabe (2014) Auditor Style and Financial Statement Comparability. The Accounting Review: March 2014, Vol. 89, No. 2, pp. 605-633. Doi: <a target="_blank">10.2308/accr-50642</a>. Posted with permission. </p>
dc.format.mimetype application/pdf
dc.identifier archive/lib.dr.iastate.edu/acct_pubs/12/
dc.identifier.articleid 1017
dc.identifier.contextkey 16253688
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath acct_pubs/12
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/1854
dc.language.iso en
dc.source.bitstream archive/lib.dr.iastate.edu/acct_pubs/12/2014_WatanabeO_Manu___Auditor_Style_and_Financial_Statement_Comparability.pdf|||Fri Jan 14 19:09:57 UTC 2022
dc.source.uri 10.2308/accr-50642
dc.subject.disciplines Accounting
dc.subject.disciplines Business Administration, Management, and Operations
dc.subject.disciplines Business Analytics
dc.subject.disciplines Corporate Finance
dc.subject.disciplines Finance and Financial Management
dc.subject.disciplines Portfolio and Security Analysis
dc.subject.disciplines Strategic Management Policy
dc.subject.keywords earnings
dc.subject.keywords comparability
dc.subject.keywords Big 4 accounting firms
dc.title Auditor Style and Financial Statement Comparability
dc.type article
dc.type.genre article
dspace.entity.type Publication
relation.isAuthorOfPublication 7e93ed3b-637b-4799-bd5d-e3bb47e21914
relation.isOrgUnitOfPublication a22c7344-d5b6-42c6-8b0d-c260ed008e15
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