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Auditing Research: A Review Of Recent Research Advances

Author

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  • Dan Dacian Cuzdriorean

    (Babes-Bolyai University, Romania)

Abstract

We survey recent auditing research published in top 5 leading accounting journals over the last two years (2017-2018). We use the recent findings as a roadmap aiming to offer useful suggestions for future research. Finally, we urge more research on topics related to: implications of social challenges facing audits of complex estimates, implications of contrast effect for audit quality, assessing the effects of conservative bias in audit work, examining the factors affecting accounting firms` competencies.

Suggested Citation

  • Dan Dacian Cuzdriorean, 2018. "Auditing Research: A Review Of Recent Research Advances," Eurasian Journal of Economics and Finance, Eurasian Publications, vol. 6(4), pages 14-26.
    • Handle: RePEc:ejn:ejefjr:v:6:y:2018:i:4:p:14-26
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    References listed on IDEAS

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    2. Gerald J. Lobo & Luc Paugam & Dana Zhang & Jean François Casta, 2017. "The Effect of Joint Auditor Pair Composition on Audit Quality: Evidence from Impairment Tests," Contemporary Accounting Research, John Wiley & Sons, vol. 34(1), pages 118-153, March.
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    6. Nicole S. Wright & Sudip Bhattacharjee, 2018. "Auditors' Use of Formal Advice from Internal Firm Subject Matter Experts: The Impact of Advice Quality and Advice Awareness on Auditors' Judgments," Contemporary Accounting Research, John Wiley & Sons, vol. 35(2), pages 980-1003, June.
    7. Linda A. Myers & Jonathan E. Shipman & Quinn T. Swanquist & Robert L. Whited, 2018. "Measuring the market response to going concern modifications: the importance of disclosure timing," Review of Accounting Studies, Springer, vol. 23(4), pages 1512-1542, December.
    8. Nicoletti, Allison, 2018. "The effects of bank regulators and external auditors on loan loss provisions," Journal of Accounting and Economics, Elsevier, vol. 66(1), pages 244-265.
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    11. Zachary T. Kowaleski & Brian W. Mayhew & Amy C. Tegeler, 2018. "The Impact of Consulting Services on Audit Quality: An Experimental Approach," Journal of Accounting Research, Wiley Blackwell, vol. 56(2), pages 673-711, May.
    12. Todd D. Kravet & Sarah E. McVay & David P. Weber, 2018. "Costs and benefits of internal control audits: evidence from M&A transactions," Review of Accounting Studies, Springer, vol. 23(4), pages 1389-1423, December.
    13. Jasmijn C. Bol & Cassandra Estep & Frank Moers & Mark E. Peecher, 2018. "The Role of Tacit Knowledge in Auditor Expertise and Human Capital Development," Journal of Accounting Research, Wiley Blackwell, vol. 56(4), pages 1205-1252, September.
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    16. Jessen L. Hobson & William J. Mayew & Mark E. Peecher & Mohan Venkatachalam, 2017. "Improving Experienced Auditors’ Detection of Deception in CEO Narratives," Journal of Accounting Research, Wiley Blackwell, vol. 55(5), pages 1137-1166, December.
    17. Ge, Weili & Koester, Allison & McVay, Sarah, 2017. "Benefits and costs of Sarbanes-Oxley Section 404(b) exemption: Evidence from small firms’ internal control disclosures," Journal of Accounting and Economics, Elsevier, vol. 63(2), pages 358-384.
    18. Liangliang Jiang & Hui Zhou, 2017. "The role of audit verification in debt contracting: evidence from covenant violations," Review of Accounting Studies, Springer, vol. 22(1), pages 469-501, March.
    19. Lori Shefchik Bhaskar & Gopal V. Krishnan & Wei Yu, 2017. "Debt Covenant Violations, Firm Financial Distress, and Auditor Actions," Contemporary Accounting Research, John Wiley & Sons, vol. 34(1), pages 186-215, March.
    20. Mark L. Defond & Jere R. Francis & Nicholas J. Hallman, 2018. "Awareness of SEC Enforcement and Auditor Reporting Decisions," Contemporary Accounting Research, John Wiley & Sons, vol. 35(1), pages 277-313, March.
    21. Petro Lisowsky & Michael Minnis & Andrew Sutherland, 2017. "Economic Growth and Financial Statement Verification," Journal of Accounting Research, Wiley Blackwell, vol. 55(4), pages 745-794, September.
    22. Steven J. Kachelmeier & Ben W. Van Landuyt, 2017. "Prompting the Benefit of the Doubt: The Joint Effect of Auditor‐Client Social Bonds and Measurement Uncertainty on Audit Adjustments," Journal of Accounting Research, Wiley Blackwell, vol. 55(4), pages 963-994, September.
    23. Jeffrey Cohen & Ganesh Krishnamoorthy & Arnold Wright, 2017. "Enterprise Risk Management and the Financial Reporting Process: The Experiences of Audit Committee Members, CFOs, and External Auditors," Contemporary Accounting Research, John Wiley & Sons, vol. 34(2), pages 1178-1209, June.
    24. Mark L. Defond & Clive S. Lennox, 2017. "Do PCAOB Inspections Improve the Quality of Internal Control Audits?," Journal of Accounting Research, Wiley Blackwell, vol. 55(3), pages 591-627, June.
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    26. Junxiong Fang & Jeffrey Pittman & Yinqi Zhang & Yuping Zhao, 2017. "Auditor Choice and Its Implications for Group†Affiliated Firms," Contemporary Accounting Research, John Wiley & Sons, vol. 34(1), pages 39-82, March.
    27. Gerald J. Lobo & Luc Paugam & Dana Zhang & Jean-François Casta, 2017. "The Effect of Joint Auditor Pair Composition on Audit Quality: Evidence from Impairment Tests," Post-Print hal-01821839, HAL.
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