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
Category Archives: Academia
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
AAA Annual Meeting 2015 Recap
Audit Analytics was honored to participate at another successful Annual Meeting of the American Accounting Association. It was great to see so many friends and colleagues and talk about the latest research in the accounting field. Lots of professors this year … Continue reading
Benford’s Law and Financial Statements
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Numbers are used for just about everything in the financial world. Companies report their results using numbers, investors trade in terms of numbers, and most everything is evaluated by numbers. On the face of financial reports, most of these numbers are … Continue reading
Accounting-Related NT Filings
Following our recent post on the subject of non-timely filings, we now turn to the question of what explanation late filing companies give as the reason for the delay. The chart below presents a breakdown of the reasons given for the untimeliness in … Continue reading