Auditor specialization in R&amp;D and clients’ R&amp;D investment-q sensitivity

Lee, Eugenia Y.; Ha, Wonsuk; Park, Sunyoung

doi:10.1016/j.jcae.2023.100360

Cited by 4 publications

(7 citation statements)

References 79 publications

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“…Com base no exposto, há um diferencial, na presente pesquisa, de uma aplicação dos cálculos de forma separada por setores econômicos das empresas listadas na B3 e, também, de forma anual, o que possibilita a análise de especializações por setores (Lee et al, 2023;Willekens et al, 2023).…”

Section: Instrumento De Análiseunclassified

Audit Concentration by Segment in Companies Listed on B3 From 2013 to 2022

Belém,

Matos,

Nasu

2024

R. Univ. Contab.

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O presente estudo tem por objetivo analisar o grau de concentração do mercado de auditoria independente nas empresas listadas na B3, por segmento, no período de 2013 a 2022 (últimos dez anos). Para tanto, um banco de dados foi elaborado a partir de diversas fontes. Foram coletados dados financeiros das plataformas Economática e Refinitiv, bem como dos sítios da B3, da CVM e das companhias analisadas. Os dados foram analisados de forma geral e por três variáveis (Cliente: 3.413 observações; Ativo: 3.324 observações; e Receita: 2.928 observações). Como métricas da concentração de auditoria, foram calculados os indicadores Herfindahl-Hirschman (HHI) e Razão de Concentração (CR4). Como principais resultados, constatou-se uma concentração significativa do mercado de auditoria no Brasil ao considerar as variáveis Receita e Ativo Total, enquanto a variável Cliente não apresentou concentração quanto ao indicador CR4 nos últimos anos e possuiu limitada ou moderada concentração quanto ao indicador HHI. Outras evidências sugerem que, em mercados menores, com companhias que detenham parcela relevante da Receita e Ativo Total, a mudança de auditoria de BIG4 para não-BIG4 pode resultar em alterações substanciais nos índices de concentração. O presente estudo contribui para a literatura ao realizar a análise por ano e segmento ao proporcionar, de maneira específica e comparada, como o mercado de auditoria está concentrado em cada setor a partir de três critérios (Cliente, Ativo e Receita).

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Section: Instrumento De Análiseunclassified

Audit Concentration by Segment in Companies Listed on B3 From 2013 to 2022

Belém,

Matos,

Nasu

2024

R. Univ. Contab.

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“…KAP yang mampu membantu perusahaan dalam menyusun laporan yang memenuhi standar akuntansi yang ketat dan menjelaskan transaksi kompleks dengan jelas dapat menjadi pilihan yang lebih baik (Budiandru, 2021). Namun di sisi lain, Perusahaan lebih memilih diaudit oleh KAP non-Big Four karena KAP non-Big Four, yang sering kali lebih fleksibel dan dapat memberikan layanan yang lebih personal dan disesuaikan (Lee, et al, 2023).…”

Section: Pendahuluanunclassified

“…Sedangkan di sisi lain, dengan regulasi dan praktik audit yang ketat itu juga menjadikan pemikiran tersendiri untuk perusahaan karena proses auditnya bisa menjadi lebih detil yang menjadikan fee audit menjadi lebih besar. Penelitian yang dilakukan oleh Lee, et al (2023) menunjukkan bahwa kompleksitas perusahaan berpengaruh negatif terhadap pemilihan KAP. Big Four memiliki keterkaitan yang kuat dengan regulasi dan aturan industri yang berlaku dalam praktik audit.…”

Section: H2: Kompleksitas Perusahaan Berpengaruh Negatif Terhadap Pem...unclassified

“…Merupakan rasio yang digunakan untuk mengukur perputaran semua aktiva yang dimiliki perusahaan dan mengukur berapa jumlah penjualan yang diperoleh dari tiap rupiah aktiva (Klomp, 2022) TATO = Penjualan / Total Aset Kompleksitas perusahaan Merupakan cerminan perusahaan yang tidak hanya berfokus pada satu segmen bisnis saja, perusahaan terdiversifikasi memperluas bisnisnya ke dalam beberapa segmen bisnis (Lee, et al, 2023).…”

Section: Variabel Definisi Operasional Pengukuran Variabel Total Asse...unclassified

“…Namun dengan regulasi dan praktik audit yang ketat itu juga menjadikan pemikiran tersendiri untuk perusahaan karena proses auditnya bisa menjadi lebih detil yang menjadikan fee audit menjadi lebih besar. Hasil penelitian ini mendukung penelitian yang dilakukan oleh Lee, et al (2023).…”

Section: Pengaruh Kompleksitas Perusahaan Terhadap Pemilihan Kantor A...unclassified

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Pengaruh Karakteristik Perusahaan Dan Komite Audit dalam Pemilihan Kantor Akuntan Publik

Stefani Lily Indarto

2023

arbitrase

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Companies have several important considerations when determining which public accounting firm (KAP) will audit their financial statements. The company definitely wants to ensure that the KAP chosen has a good reputation and is credible, thus providing confidence that the audit will be carried out with professionalism and integrity. With the experience and expertise of the KAP, it is expected that the KAP will have an in-depth understanding of industry conditions and applicable accounting requirements, and can provide added value in auditing financial statements. This study aims to determine the factors that influence the company in the selection of KAP Big Four and Non Big Four. The population used in this research is all companies going public on the IDX in 2020-2022. The sample selection was carried out using purposive sampling, and 2,040 data were collected. By using multiple logistic regression, the results show that total assets turnover, company complexity, and the diversity of audit committee members affect the likelihood of a company choosing the Big Four KAP. On the other hand, the company's growth has no effect on the possibility that the company will choose the Big Four KAP.

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The governance role of R&D specialist auditors: Evidence from discretionary R&D expenditure

Lee,

2024

MAJ

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Purpose This study aims to examine whether auditors who specialize in research and development (R&D) activities help reduce managers’ opportunistic adjustment of R&D expenditure for real earnings management (REM). Design/methodology/approach Using a sample of US firms during the 2001–2017 period, the authors identify auditors’ R&D specialization as their prior experience of auditing R&D expenses spent by each client’s peers. The authors measure R&D-based REM as the negative deviation from the predicted level of R&D expenditure. Findings The authors find that clients of R&D specialist auditors are less likely to engage in REM through a discretionary reduction of R&D expenditure. This effect is more pronounced when clients face higher competition, have larger investment opportunities and entail higher audit risks. Practical implications This study shows that auditors’ specialized knowledge can facilitate stronger monitoring of clients’ real decisions, providing implications for auditors’ knowledge acquisition and transfer in specific types of transactions. Originality/value This study contributes to the literature by documenting the governance role played by R&D specialist auditors in clients’ real economic decisions. Moreover, the study identifies R&D as a distinct area of auditor specialization.

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Auditor specialization in R&D and clients’ R&D investment-q sensitivity

Cited by 4 publications

References 79 publications

Audit Concentration by Segment in Companies Listed on B3 From 2013 to 2022

Audit Concentration by Segment in Companies Listed on B3 From 2013 to 2022

Pengaruh Karakteristik Perusahaan Dan Komite Audit dalam Pemilihan Kantor Akuntan Publik

The governance role of R&D specialist auditors: Evidence from discretionary R&D expenditure

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