In a recent article in the Financial Analysts Journal, titled “The Misrepresentation of Earnings,” Ilia Dichev, John Graham, Campbell R. Harvey, and Shiva Rajgopal explore the defining characteristics of earnings quality and the misrepresentation of earnings. As part of their inquiry, … Continue reading
Author Archives: Joey Bonaldi
Are Lengthy Audit Report Lags a Warning Signal?
Are Lengthy Audit Report Lags a Warning Signal?, ask authors Alan I. Blankley, David N. Hurtt, and Jason E. MacGregor in their July 2015 paper in Current Issues in Auditing. In this “practitioner summary” of a research paper published last year … Continue reading
Fair Value Estimates and SEC Comment Letters
The Impact of SEC Disclosure Monitoring on the Uncertainty of Fair Value Estimates, by Daniel Bens, Mei Cheng, and Monica Neamtiu, (2015 Accounting Review, forthcoming) examines the effectiveness of SEC comment letters to increase transparency in fair value estimates disclosures. The authors postulate … Continue reading
Audit Firm Membership in Associations, Networks, and Alliances
Small Audit Firm Membership in Associations, Networks, and Alliances: Implications for Audit Quality and Audit Fees, an academic paper written by Kenneth L. Bills, Lauren M. Cunningham, and Linda A. Myers, examines membership in networks and alliances. The authors find evidence that smaller … Continue reading