Monday, August 18, 3:45 pm–5:15 pm

1. KNOWLEDGE AND AUDIT JUDGMENT

"Accelerating the Acquisition of Knowledge Structure to Improve Performance in Internal Control Evaluation," A. Faye Borthick, Georgia State University; Mary B. Curtis, University of Missouri–St. Louis; Ram S. Sriram, Georgia State University

"The Development of Knowledge Structures that Transfer Across Audit Domains," Jay C. Thibodeau, Bentley College

"The Effects of Preparer’s Justification on the Reviewer’s Judgment in an Analytical Review Setting," Hun-Tong Tan, Nanyang Technological University; Jackson Yip-Ow, Nanyang Technological University

Moderator: David M. Frederick, University of Colorado

Discussant: Lisa L. Koonce, University of Texas

2. INITIAL PUBLIC OFFERINGS, AUDITOR LITIGATION

"Auditors and Initial Public Offerings: Reputation Capital as a Warranty Signal," Michael Willenborg, University of Connecticut

"The Effect of Earnings Management on Auditor Litigation," Bill Heninger, University of Georgia

"The Sky is Falling? The Case of Auditor Compensation in the Initial Public Offering Market," Phillip D. Drake, American Graduate School of International Management; Randolph P. Beatty, Southern Methodist University

Moderator: Alan Reinstein, Wayne State University

Discussants: Zoe-Vonna Palmrose, University of Southern California

3. FINAL REPORT OF THE AUDITING SECTION’S FUTURE AUDIT, ATTESTATION AND ASSURANCE SERVICES TASK FORCE

Tuesday, August 19, 10:15 am–11:45 am

 4. THE AUDIT PROCESS

"An Experimental Assessment of Recent Professional Developments in Nonstatistical Audit Sampling Guidance," William F. Messier, Jr., University of Florida; Steven J. Kachelmeier, University of Texas; Kevan Jensen, University of Florida

"Effects of the ASB’s Fraud-Risk-Assessment Policy on Experienced Auditors’ Attention to Fraud Risk Factors and Audit Planning Decisions," Mark F. Zimbelman, University of Oklahoma

"Improving the Accuracy and Precision of Analytical Procedures Using Multi-Location Data," Bruce C. Branson, North Carolina State University; Robert D. Allen, University of Utah; Mark S. Beasley, North Carolina State University

Moderator: Ehsan H. Feroz, University of Minnesota

Discussant: David C. Burgstahler, University of Washington

2:00 pm–3:30 pm

5. FRAUD, CORPORATE GOVERNANCE AND THE AUDIT PROCESS

"Audit Committee Characteristics and Auditor Reporting," Joseph V. Carcello, University of Tennessee; Terry L. Neal, University of Tennessee

"Auditors’ Consideration of Corporate Governance and Management Characteristics in Risk Assessment and Client Acceptance Decisions," Jeffrey R. Cohen, Boston College; Dennis M. Hanno and Pamela Trafford, both at University of Massachusetts at Amherst

"The Effect of Time Pressure on Auditor Attention to Data-Related Indicators of Potential Fraudulent Financial Reporting," Robert L. Braun, Southeastern Louisiana University

Moderator: David L. Gilbertson, Loyola Marymount University

Discussant: Mark S. Beasley, North Carolina State University

6. COMPETITION AND PLANNING

  "Are Audit Program Plans Risk-Adjusted?," Arnold M. Wright, Boston College; Theodore J. Mock, University of Southern California

"The Effects of Competition on Audit Quality Reduction Acts," Maribeth Coller, University of South Carolina; Julia L. Higgs, University of South Carolina; Stephen W. Wheeler, University of the Pacific

"Planning Assurance Services," Ronald R. King, Washington University; Rachel Schwartz, Washington University

Moderator: James L. Bierstaker, University of Massachusetts Boston

Discussant: Scott J. Boylan, University of Wisconsin

3:45 pm–5:15 pm

7. THE MARKET FOR AUDIT SERVICES

"An Exploratory Study of Accounting Firm Practice Units," John A. Pendley and G. William Glezen, both at University of Arkansas

"Competition in Auditing Revisited: Theory and Evidence," Rajib Doogar and Robert Easley, both at University of Notre Dame

"Specialisation in the Market for Audit Services: Its Role in Explaining Auditor Client Realignment," Keith A. Houghton, University of Melbourne; Bryce Ritson, Ernst & Young; Christine A. Jubb, University of Melbourne

Moderator: Allen T. Craswell, University of Sydney

Discussant: Dan A. Simunic, University of British Columbia

Wednesday, August 20, 10:15 am–11:45 am

8. AUDIT REPORTS

"An Examination of the Effect of Audit Firm Type on Bank Regulators’ Closure Decisions," Roselyn E. Morris, Southwest Texas State University; Jerry R. Strawser, University of Houston

"Audit Reports and Bankruptcies," D. V. Rama and K. Raghunandan, both at University of Massachusetts Dartmouth; Marshall A. Geiger, University of Rhode Island

"Bankruptcy-Related Opinions: The Effects of Partner Compensation Plans and Client Size," Joseph V. Carcello, University of Tennessee; Dana R. Hermanson, Kennesaw State University; H. Fenwick Huss, Georgia State University

Moderator: Timothy J. Louwers, University of Houston

Discussant: Nicholas Dopuch, Washington University St. Louis

3:45 pm–5:15 pm

9. MODELING AND EXPERIMENTAL ECONOMICS

  " An Empirical Examination of Firm Risks and Auditor Resignation," Susan Shu, University of Rochester

"Penalties and Learning in an Auditing Game: An Experimental Investigation," Ronald R. King and Rachel Schwartz, both at Washington University

"The Impact of Legal Liability Regimes on Audit Pricing and Effort Decisions: A Comparison of Proportionate and Joint and Several Regimes," Andrew D. Bailey, Jr. and Audrey A. Gramling, both at University of Illinois; Jeffrey W. Schatzberg, University of Arizona; Hao Zhang, Middlesex University

Moderator: Paul Caster, Fairfield University

Discussant: Steven J. Kachelmeier, University of Texas

"A Framework for Evaluating Operational Efficiency in Profit-Seeking Corporations," Robert E. G. Nicol, University of Melbourne

" Management Plans and SAS No. 59 Going Concern Resolutions," Bruce K. Behn and Richard Riley, both at University of Tennessee, Kurt Pany, Arizona State University

" The Effect of Problem-Solving Ability and Motivation on Performance in Semi-Structured and Unstructured Auditing Tasks," James L. Bierstaker and Sally Wright, both at University of Massachusetts Boston

"Analytical Review Procedure: A Data Envelopment Analysis Approach," Ehsan H. Feroz, Sungsoo Kim and Ray Raab, all at University of Minnesota, Deluth

"Some Evidence on the Association Between Discretionary Accruals and Audit Prices," Ferdinand A. Gul, Chinese University of Hong Kong, Judy Tsui and Charles J. P. Chen, both at City University of Hong Kong

" Auditor Reputation and the Market Impact on Clients," Dean Crawford, Diana Franz and Eric Johnson, all at the University of Toledo

" The Financial Statement /Audit Report Evaluation Process: A Persuasion Perspective," Mark W. McCartney, East Carolina University, Kenneth R. Lambert, University of Memphis

" Quality Audits or Quality Clients? Financial Characteristics of Companies which Subsequently Correct Errors," Jerry L. Turner, Florida International University, John T. Sennetti, Nova Southeastern University

"Prior WSJ Announcements of Possible Bankruptcy Filings and Price Reactions to Bankruptcy Filings," Mark C. Dawkins, University of Georgia, Ana Rose-Green, Florida International University

"Market Reactions to the Disclosures of Non-Audit Services," Brad J. Reed, Thomas E. King and Alan K. Ortega, all at Southern Illinois University, Edwardsville

"Dimensions of Auditor Judgments Regarding the Relationship Between the Control Environmental and Financial Statement Assertions," Sandra L. Schneider, Gary L. Holstrum, Monica D. Barnes, Christie L. Comunale, Tanya L. Benford and Gwendolyn E. Campbell, all at the University of South Florida; Ronald E. Marden, Appalachian State University

"An Empirical Investigation into the Report to Management: Use, Content and Effectiveness," Brian Clark and Peter Carey, both at Monash University

Auditor's Report Contents Page

Site Administrators: Mike Groomer (groomer@indiana.edu) & Richard Rand (rsr2907@tntech.edu)
Date Last Updated: August 14, 1997