Access the full text.
Sign up today, get DeepDyve free for 14 days.
Andrew Freeman, S. Condon, Christopher Ackerman (2006)
Cross Linguistic Name Matching in English and Arabic
(2017)
Certified public accountants act - act no. 103 of july 6, 1948
(2021)
Audit committee guide
Feng Chen, Songlan Peng, Shuang Xue, Zhifeng Yang, Feiteng Ye (2015)
Do Audit Clients Successfully Engage in Opinion Shopping? Partner-Level EvidenceBehavioral & Experimental Accounting eJournal
D. Hay (2013)
Further Evidence from Meta‐Analysis of Audit Fee ResearchInternational Accounting eJournal
S. Needleman, C. Wunsch (1970)
A general method applicable to the search for similarities in the amino acid sequence of two proteins.Journal of molecular biology, 48 3
Journal of Accounting Literature, 29
(2017)
Changes to the code addressing the long association of personnel with an audit or assurance client
Noriyuki Tsunogaya, S. Sugahara, Parmod Chand (2017)
The Impact of Social Influence Pressures, Commitment, and Personality on Judgments by Auditors: Evidence from JapanJournal of International Accounting Research, 16
Amir Allam, N. Ghattas, Amr Kotb, Mohamed Eldaly (2017)
Audit Tendering in the UK: A Review of Stakeholders' ViewsWiley-Blackwell: International Journal of Auditing
Emmanuel George, Colin Ferguson, N. Spear (2012)
How Much Does IFRS Cost? IFRS Adoption and Audit FeesMicroeconomics: Search; Learning; Information Costs & Specific Knowledge; Expectation & Speculation eJournal
(2013)
Corporate disclosure in Japan - auditing
Sandra Vera‐Mun˜oz, Joanna Ho, C. Chow (2006)
Enhancing Knowledge Sharing in Public Accounting FirmsAccounting Horizons, 20
J. Bedard, K. Johnstone (2010)
Audit Partner Tenure and Audit Planning and PricingEar and Hearing, 29
Marion Brivot, Mélanie Roussy, Maryse Mayer (2018)
Conventions of Audit Quality: The Perspective of Public and Private Company Audit PartnersAuditing-a Journal of Practice & Theory, 37
(2015)
International standard on auditing 700 (revised): forming an opinion and reporting on financial statements
Mark Defond, Jere Francis (2005)
Audit Research after Sarbanes‐OxleyAuditing-a Journal of Practice & Theory, 24
O. Gotoh (1982)
An improved algorithm for matching biological sequences.Journal of molecular biology, 162 3
James Whitworth, T. Lambert (2014)
Office-Level Characteristics of the Big 4 and Audit Report TimelinessAuditing-a Journal of Practice & Theory, 33
(2008)
Interpretation guideline no. 6 for amendment of the law concerning independence - rotation in an audit of a large company (in Japanese)
Najlah Gali, R. Mariescu-Istodor, Damien Hostettler, P. Fränti (2019)
Framework for syntactic string similarity measuresExpert Syst. Appl., 129
J. Zobel, P. Dart (1995)
Finding approximate matches in large lexiconsSoftware: Practice and Experience, 25
Matthew Jaro (1989)
Advances in Record-Linkage Methodology as Applied to Matching the 1985 Census of Tampa, FloridaJournal of the American Statistical Association, 84
Chih-Ying Chen, Chan-Jane Lin, Yu-Chen Lin (2008)
Audit partner tenure, audit firm tenure, and discretionary accruals: Does long auditor tenure impair earnings quality?Contemporary Accounting Research, 25
Robert O’Brien (2007)
A Caution Regarding Rules of Thumb for Variance Inflation FactorsQuality & Quantity, 41
Kenneth Schwartz, Billy Soo (1996)
The Association Between Auditor Changes and Reporting LagsContemporary Accounting Research, 13
D. Sharma, Paul Tanyi, B. Litt (2017)
Costs of Mandatory Periodic Audit Partner Rotation: Evidence from Audit Fees and Audit TimelinessAuditing-a Journal of Practice & Theory, 36
A. Lawrence, Miguel Minutti-Meza, Ping Zhang (2011)
Can Big 4 versus Non-Big 4 Differences in Audit-Quality Proxies Be Attributed to Client Characteristics?The Accounting Review, 86
(2017)
Java, simmetrics
Marty Butler, A. Leone, Michael Willenborg (2004)
An Empirical Analysis of Auditor Reporting and Its Association with Abnormal AccrualsJournal of Accounting and Economics, 37
Jere Francis, Michael Yu (2009)
Big 4 Office Size and Audit QualityThe Accounting Review, 84
(2014)
Appointing, assessing, and compensating the independent auditor - the role of the audit committee
(2015)
Improving the transparency of audits: rules to require disclosure of certain audit participants on a new PCAOB form and related amendments to auditing standards
Mark Defond, Jieying Zhang (2014)
A Review of Archival Auditing ResearchERN: Regulation (IO) (Topic)
William Cohen, Pradeep Ravikumar, S. Fienberg (2003)
A Comparison of String Distance Metrics for Name-Matching Tasks
(2019)
Audit partner rotation requirements in Australia technical staff questions and answers
C. Lennox, Xi Wu, Tianyu Zhang (2014)
Does Mandatory Rotation of Audit Partners Improve Audit QualityThe Accounting Review, 89
D. Simunic (1980)
The Pricing Of Audit Services - Theory And EvidenceJournal of Accounting Research, 18
C. Alberti, J. Bedard, O. Bik, A. Vanstraelen (2020)
Audit Firm Culture: Recent Developments and Trends in the LiteratureEuropean Accounting Review, 31
Journal of Accounting Research, 54
The Accounting Review, 96
W. Winkler (1990)
String Comparator Metrics and Enhanced Decision Rules in the Fellegi-Sunter Model of Record Linkage.
R. Simnett, Elizabeth Carson, A. Vanstraelen (2016)
International Archival Auditing and Assurance Research: Trends, Methodological Issues, and OpportunitiesAuditing-a Journal of Practice & Theory, 35
V. Levenshtein (1965)
Binary codes capable of correcting deletions, insertions, and reversalsSoviet physics. Doklady, 10
(2009)
Estimating standard errors in finance panel data sets: comparing approaches
G. Navarro (2001)
A guided tour to approximate string matchingACM Comput. Surv., 33
Lindsay Andiola, J. Bedard, Joleen Kremin (2021)
Coaching Quality and Subordinate Work Attitudes in the Multiple Supervisor Audit ContextAccounting Horizons
W. Knechel, D. Sharma (2012)
Auditor-Provided Nonaudit Services and Audit Effectiveness and Efficiency: Evidence from Pre- and Post-SOX Audit Report LagsAuditing-a Journal of Practice & Theory, 31
Andrew Ferguson, P. Lam, Nelson Ma (2019)
Further Evidence on Mandatory Partner Rotation and Audit Pricing: A Supply‐Side PerspectiveCorporate Finance: Governance
S. Cahan, Jerry Sun (2015)
The Effect of Audit Experience on Audit Fees and Audit QualityJournal of Accounting, Auditing & Finance, 30
Mark Defond, K. Subramanyam (1998)
Auditor changes and discretionary accrualsJournal of Accounting and Economics, 25
The Accounting Review, 87
Monika Causholli, M. Martinis, D. Hay, W. Knechel (2011)
Audit Markets, Fees and Production: Towards an Integrated View of Empirical Audit ResearchResearch Methods & Methodology in Accounting eJournal
Colleen Honigsberg (2019)
The Case for Individual Audit Partner AccountabilitySSRN Electronic Journal
Walid Alissa, V. Capkun, Thomas Jeanjean, Nadja Suca (2014)
An empirical investigation of the impact of audit and auditor characteristics on auditor performanceAccounting Organizations and Society, 39
J. Pratt, J. Jiambalvo (1981)
Relationships between leader behaviors and audit team performanceAccounting Organizations and Society, 6
Hironori Fukukawa (2011)
Audit Pricing and Cost Strategies of Japanese Big 3 FirmsERN: Firm Behavior (IO: Empirical) (Topic)
(2021)
Internationally relevant developments in audit markets - 2021
(2018)
Interpretive guidelines on professional ethics (in Japanese)
W. Chi, Huichi Huang, Yi-Hsing Liao, Hong Xie (2009)
Mandatory Audit-Partner Rotation, Audit Quality and Market Perception: Evidence from TaiwanContemporary Accounting Research, 26
Brandon Gipper, Luzi Hail, C. Leuz (2017)
On the Economics of Mandatory Audit Partner Rotation and Tenure: Evidence from PCAOB DataSPGMI: Compustat Fundamentals (Topic)
Josep García-Blandón, J. Argilés-Bosch (2017)
The interaction effects of firm and partner tenure on audit qualityAccounting and Business Research, 47
Lauren Cunningham, Sarah Stein, Nicole Wright (2019)
Initial Evidence of U.S. Audit Partner Identification in Form AP Shows Limited Impact on Audit QualityCurrent Issues in Auditing
M. Nelson, Chad Proell (2018)
Is Silence Golden? Audit Team Leader Reactions to Subordinates Who Speak Up “In the Moment” and at Performance AppraisalThe Accounting Review, 93
S. Kothari, A. Leone, Charles Wasley (2002)
Performance Matched Discretionary Accrual MeasuresMIT Sloan School of Management Working Paper Series
Douglas Skinner, Suraj Srinivasan (2012)
Audit Quality and Auditor Reputation: Evidence from JapanAccounting
Journal of Accounting and Economics, 39
Najlah Gali, R. Mariescu-Istodor, P. Fränti (2016)
Similarity measures for title matching2016 23rd International Conference on Pattern Recognition (ICPR)
(2006)
Partner rotation requirements
J. Jones (1991)
Earnings Management During Import Relief InvestigationsJournal of Accounting Research, 29
M. Nelson, Chad Proell, Amy Randel (2016)
Team-Oriented Leadership and Auditors’ Willingness to Raise Audit IssuesThe Accounting Review, 91
Elizabeth Carson, Nives Redmayne, Lin Liao (2014)
Audit Market Structure and Competition in AustraliaAustralian Accounting Review, 24
Jenna Burke, Rani Hoitash, Udi Hoitash (2018)
Audit Partner Identification and Characteristics: Evidence from U.S. Form AP FilingsAUDITING: A Journal of Practice & Theory
D. Otley, Bernard Pierce (1995)
The control problem in public accounting firms: An empirical study of the impact of leadership styleAccounting Organizations and Society, 20
C. Lennox, Xi Wu (2018)
A Review of the Archival Literature on Audit PartnersAccounting Horizons, 32
Naoki Kasai, T. Takada (2012)
How Do Regulation and Deregulation of Audit Fees Influence Audit Quality?: Empirical Evidence from JapanAuditing
C. Burke, Kevin Stagl, Cameron Klein, G. Goodwin, E. Salas, S. Halpin (2006)
What type of leadership behaviors are functional in teams? A meta-analysisLeadership Quarterly, 17
(2013)
Auditor selection - towards best practices
Rong-Ruey Duh, W. Knechel, Ching-Chieh Lin (2020)
The Effects of Audit Firms' Knowledge Sharing on Audit Quality and EfficiencyAUDITING: A Journal of Practice & Theory
Jere Francis (1984)
The effect of audit firm size on audit prices: A study of the Australian MarketJournal of Accounting and Economics, 6
Shingo Numata, F. Takeda (2010)
Stock market reactions to audit failure in Japan: The case of Kanebo and ChuoAoyama ☆The International Journal of Accounting, 45
Partners are responsible for allocating audit tasks and facilitating knowledge sharing among team members. This study considers changes in the composition of partners to proxy for the continuity of the audit team. This study examines the effect of audit team continuity on audit outcomes (audit quality and report lags), pricing and its determinant (lead partner experience), which have not been thoroughly examined in previous studies.Design/methodology/approachThis study employs string similarity metrics to measure audit team continuity. The study employs multivariate panel data regression empirical models to estimate a sample of 26,007 firm-years of listed Japanese companies from 2008 to 2019.FindingsThe study reveals that audit team continuity is negatively associated with audit fees, regardless of the auditor’s size. This finding contributes to the existing literature by showing that audit team continuity represents one of the determinant factors of audit fee. For clients of large audit firms, companies with higher (lower) audit team continuity issue audit reports in less (more) time. The experience of lead partners is a strong predictor of audit team continuity, irrespective of audit firm size. Audit quality is not associated with audit team continuity for either large or small audit firms.Originality/valueThis study proposes and examines audit team continuity measures that employ string similarity metrics to quantify changes in the composition of partners in consecutive audit engagements. Audit team continuity expands upon the tenure of individual audit partners, which is commonly used in prior literature as a measure of client–partner relationships.
Journal of Accounting Literature – Emerald Publishing
Published: Apr 14, 2023
Keywords: Audit quality; Audit pricing; Audit report lags; Partner experience
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.