dc.contributor.advisor | Francis, Jere R. | eng |
dc.contributor.author | Kawada, Brett S, 1977- | eng |
dc.date.issued | 2013 | eng |
dc.date.submitted | 2013 Summer | eng |
dc.description.abstract | [ACCESS RESTRICTED TO THE UNIVERSITY OF MISSOURI AT AUTHOR'S REQUEST.] This study examines the role of the local auditor office in the comparability and quality of their clients' earnings. I construct of sample of firm-pairs in which each observation consists of two firms in the same industry-year. Accounting comparability is inferred by the closeness of total accruals between two firms in each firm-pair. I find that firm-pairs audited by the same local auditor office have more comparable earnings, on average, than firm-pairs audited by either the same Big 4 auditor but different local auditor offices or by different Big 4 auditors. This finding suggests that the application of a local auditor office style increases the comparability of client earnings. I also examine the association between comparability and average earnings quality in firm-pairs. Based on abnormal accruals, I find that firm-pairs with lower accounting comparability have lower average earnings quality. I also find that firm-pairs audited by the same local auditor office have greater average earnings quality. Overall, the results documented here provide further evidence of the role of the auditor as an economic agent promoting increased financial statement comparability in client earnings, as well as the benefits of increased comparability between firms as manifested in the quality of their earnings. | eng |
dc.description.bibref | Includes bibliographical references (pages 44-48). | eng |
dc.format.extent | 1 online resource (68 pages) | eng |
dc.identifier.oclc | 893872202 | eng |
dc.identifier.uri | https://hdl.handle.net/10355/40127 | |
dc.identifier.uri | https://doi.org/10.32469/10355/40127 | eng |
dc.language | English | eng |
dc.publisher | University of Missouri--Columbia | eng |
dc.relation.ispartofcommunity | University of Missouri--Columbia. Graduate School. Theses and Dissertations | eng |
dc.rights | Access is limited to the campuses of the University of Missouri. | eng |
dc.subject.lcsh | Auditor-client relationships -- Economic aspects | eng |
dc.subject.lcsh | Auditors' reports | eng |
dc.subject.lcsh | Financial statements | eng |
dc.title | Auditor offices and the comparability and quality of client's earnings | eng |
dc.type | Thesis | eng |
thesis.degree.discipline | Accountancy (MU) | eng |
thesis.degree.grantor | University of Missouri--Columbia | eng |
thesis.degree.level | Doctoral | eng |
thesis.degree.name | Ph. D. | eng |