000 | 02150nab a2200229 a 4500 | ||
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999 |
_c199770 _d199770 |
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003 | OSt | ||
005 | 20200226102104.0 | ||
008 | 200210s2015 xxu|||||r|||| 00| 0 eng d | ||
040 |
_aCO-BoUGC _cCO-BoUGC |
||
100 | 1 |
_aSimone, Lisa De _9177641 |
|
245 | 1 | 0 |
_aInternal control quality _bthe role of auditor-provided tax services _cLisa De Simone, Matthew S. Ege & Bridget Stomberg |
300 | _aPáginas 1469 a la 1496 | ||
520 | 3 | _aWe propose that auditor-provided tax services (tax NAS) improve internal control quality by accelerating audit firm awareness of transactions material to the financial statements. Using data from 2004 to 2012, we find robust evidence that companies purchasing tax NAS are significantly less likely to disclose a material weakness and that this result is not due to auditor independence impairment. A one-standard-deviation increase in tax NAS is associated with approximately a 13 percent decrease in the rate of material weaknesses relative to the base rate. These results are robust to tests addressing endogeneity concerns. Additional cross-sectional analyses reveal expected increased effects of tax NAS on internal control quality (1) after significant operational changes that require changes to the internal control structure, and (2) earlier in the relationship with the financial statement audit firm, when there are fewer established lines of communication between the audit team and client. This paper contributes to the knowledge spillover literature by identifying a mechanism through which tax NAS improve overall financial reporting quality. | |
650 | 1 | 4 |
_991036 _aContabilidad _vPublicaciones seriadas |
650 | 2 | 4 |
_9176282 _aAuditores _xHonorarios _vPublicaciones seriadas |
650 | 2 | 4 |
_9177445 _aAuditores _xResponsabilidad profesional _vPublicaciones seriadas |
650 | 2 | 4 |
_9176358 _aControl interno _vPublicaciones seriadas |
700 | 1 |
_aEge, Matthew S. _9179262 |
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700 | 1 |
_aStomberg, Bridget _9178032 |
|
773 | 0 |
_082265 _9368138 _aThe accounting review 2015 V.90 No. 4 (Jul) _o0000002030740 _x0001-4826 (papel) _h28 páginas _nIncluye tablas, referencias bibliográficas y apéndices |
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942 |
_2ddc _cART |