Standard-setters worldwide have passed new audit reporting requirements aimed at making
audit reports more informative to investors. In the UK, the new standard expands the audit …

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 …

This study uses difference-in-differences (DiD) analyses to examine the consequences of
adopting the US critical audit matter (CAM) disclosure requirement for preparers and users …

We examine the relative importance of audit firm versus partner decision styles in key audit
matter (KAM) reporting. Standard setters intended KAMs to increase the usefulness of the …

This study examines whether the key audit matters (KAMs) disclosed in expanded audit
reports as a part of recent regulatory reforms are informative for investors in an emerging …

The expansion of the auditor's reporting duties with the introduction of critical or key audit
matters (KAMs) has reignited interest in the determinants and consequences of the rules …

Auditor rotation is believed to affect financial reporting quality partly because of the fresh
views brought by new auditors. However, fresh views are generally unobservable and are …

In an effort to make audit reports more informative to financial statement users, the Public
Company Accounting Oversight Board (PCAOB) requires an expanded audit report in which …

Given that tax‐related critical audit matters (tax CAMs) were prevalent among accelerated
filers (18.5% of observations) during the initial year of CAM disclosures, we examine …

This study examines the impact of the enhanced auditor's report (ISA 701) in New Zealand
on audit effort (audit fees and audit delay); audit quality (absolute abnormal accruals); …