The new generation of expanded audit reports includes disclosures about significant matters
in a company's financial reporting and its audit. These disclosures are a landmark change in …

Purpose This study updates the literature review of Jones (1987) published in this journal.
The study pays particular attention to two important themes that have shaped the field over …

Auditor reporting on going-concern-related uncertainties remains one of the most
challenging issues faced by external auditors. Business owners, market participants and …

A going-concern report (GCr) in the audit opinion adds value and ensures that the firm's
sustainability is secured. This study sheds light on this relationship of listed infrastructure …

Certified public accounts'(CPAs) audit opinions of going concern are the important basis for
evaluating whether enterprises can achieve normal operations and sustainable …

We examine whether criminal records of CEOs and rank-and-file employees are associated
with firms' likelihood of bankruptcy, and whether lenders adjust their required cost of debt …

Using stepwise logit regression, predicts the sign of future earnings changes and uses these
predictions to form a profitable hedge portfolio. Increases in computing power and advances …

We examine whether expanded audit report (EAR) disclosures classified as the audit
opinion, going concern uncertainty paragraphs (GCUPs), emphasis of matter paragraphs …

While the shareholder benefits of audits are well documented, evidence on whether audits
can facilitate opportunistic behavior by corporate insiders is scarce. In this paper, we …

This study examines the usefulness of new expanded audit report key audit matters (KAM)
disclosures in assessing the level of financial distress present at a client firm. Using six years …