SYNOPSIS Using a broad sample of U.K. firms that are required to disclose auditor materiality thresholds under the International Standards on Auditing (United Kingdom and Ireland) 700, we examine whether threshold is associated with audit quality. We document lower higher quality, as measured by absolute discretionary accruals, accruals propensity just meet or beat analysts’ earnings expectatio...

Purpose: The study aimed to examine whether the financial statements of listed companies at Colombo Stock Exchange are value-relevant and what impact they have on stock price returns. Methodology: A model based red flag ratios that been proven be possible fraud indicators falsified in various contexts was developed employed. Furthermore, accruals quality measured by discretionary non-discretion...

We examine the relation between auditor size and audit quality for a sample of U.K. private firms. Private firms prioritize tax considerations over reducing information asymmetry in their financial reporting. find that Big 4’s clients exhibit higher levels discretionary accruals lower precision accrual estimates than non-Big clients. Although 4 auditors are less tolerant income-increasing earni...

This study examines the role of board independence and audit committee expertise in accounting on earnings management small listed firms Malaysia, which have been neglected corporate governance research. Due to their size, listing requirements imposed them by Bursa Malaysia are less stringent. Hence, these predicted a higher tendency manage compared large firms. All ACE Market during financial ...