2007 Notable Contributions to the Auditing Literature Award

The Notable Contributions to the Auditing Literature Award recognizes research works of exceptional merit, published during the last ten years, which make a significant contribution to auditing or assurance education, practice, or research.

The 2007 award-winning research work is "The Role of Big 6 Auditors in the Credible Reporting of Accruals" by Jere Francis, Ed Maydew, and Charlie Sparks, published in the Fall 1999 issue of Auditing: A Journal of Practice and Theory. By documenting that audit firm size is positively associated with management's propensity to report large discretionary accruals, this paper is one of the first in the literature to document the now well-established link between audit quality and financial reporting quality. As a result, this path breaking paper has been instrumental in influencing a large body of subsequent auditing research that studies auditing's impact in financial reporting.

The 2007 Notable Contributions to the Auditing Literature Award was presented to Jere Francis (right) by Jordan Lowe (left).

The 2007 Notable Contributions to the Auditing Literature Award Selection Committee was composed of Mark DeFond (chair), David Ricchute, Jordan Lowe, and Mohammad J. Abdolmodhammadi.

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