Academic Spotlight: Auditor Ratification’s Impact on Audit Quality

Research shows that shareholder dissatisfaction improves audit quality. In June of 2020, Paul Tanyi, Gregory Martin, Dasaratha Rama, and K. Raghunandan published research in Accounting Horizons that measured shareholder votes against the ratification of an audit firm in the proxy statement. Their … Continue reading

2019 Financial Restatements Review

The annual Audit Analytics report on financial restatement trends is now available. This report provides a detailed analysis and comparison of trends in financial restatements over a nineteen-year period. When looking at restatements, we categorize them by two levels: reissuance restatements and revision restatements. Reissuance restatements, sometimes referred … Continue reading