A note on the effect of PCAOB inspections on the audit quality of triennial CPA firms

Research in Accounting Regulation Pub Date : 2014-10-01 DOI:10.1016/j.racreg.2014.09.004

Alan I. Blankley, Keejae P. Hong, David Kerr, Casper E. Wiggins

引用次数: 7

Abstract

This note reports the results of a study conducted regarding PCAOB inspections of triennial CPA firms. The purpose was to see if there was any evidence that inspections contributed to improved audit quality. It was found that small firms did not correct staffing deficiencies, which were related to previous audit deficiencies determined by the PCAOB. However, deficient firms did increase their audit fees significantly more following their first inspections than non-deficient firms. This result is consistent with applying greater audit effort after the inspection.

Interestingly, this response does not persist through second inspections.

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PCAOB检查对三年注册会计师事务所审计质量的影响

本报告报告了一项关于PCAOB对三年注册会计师事务所检查的研究结果。目的是看是否有任何证据表明检查有助于提高审计质量。调查发现，小公司没有纠正人员配备缺陷，这与PCAOB先前确定的审计缺陷有关。然而，有缺陷的公司确实比没有缺陷的公司在第一次检查后增加了更多的审计费用。这一结果与在检查后进行更大的审核是一致的。有趣的是，这种反应并没有持续到第二次检查。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Research in Accounting Regulation

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