Data · dataset · 2003
A Study of Audit Market Regulation
Listed in Harvard Dataverse
This research uses both survey and analytical methods to study the effects of the change in audit market regulation on the audit market constituents, such as auditors, clients, investors, and regulators.
Description
The audit market regulatory factors considered in the study include the CPAs\' licensure requirement and legal responsibility. The questionnaire surveys the respondents\' views on the effect of the change of CPA examination passing rate or the change of the requirement for sitting for CPA examination.
The results indicate that most respondents thought that the increase on CPA examination passing rate has no effect on audit quality. Whereas the non-Big 5 CPA firms\' audit fee, profit and individual CPA\'s earnings will be lower. Elevating the requirement for sitting for CPA examination will increase audit quality.
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However, the CPA firms\' audit fee, profit, and individual CPA\'s earnings will not change significantly. The results of the analytical model, adapted from Dye (1993,1995), indicate that the average audit quality will decline when the liability regime changes from unlimited to limited liability, given the same requirement for sitting for CPA examination. If the requirement for sitting for CPA examination is set higher and the auditors\' liability is unchanged, the average audit quality will be higher.
However, if both the auditors liability regime and the requirement for sitting for CPA examination are changed, the audit quality could either decline or increase.
Links
Where it is published
- Dataverse dataset page dataverse.harvard.edu/dataset.xhtml?persistentId=doi%3A10.6141%2FTW-SRDA-E88139-1 ↗
landing page · from Harvard Dataverse
- DOI doi.org/10.6141/tw-srda-e88139-1 ↗
DOI / persistent id · from Harvard Dataverse
Catalogue records · 1
- Dataverse API dataverse.harvard.edu/api/datasets/:persistentId/?persistentId=doi%3A10.6141%2FTW-SR… ↗
metadata API · from Harvard Dataverse
Provenance · 1 source records, 5 field assertions
| Source | Key | Last seen | Raw |
|---|---|---|---|
| Harvard Dataverse | doi:10.6141/TW-SRDA-E88139-1 | 15 d ago | JSON v1 |
| Field | Assertion | Extractor | Evidence |
|---|---|---|---|
| created_date | source · Harvard Dataverse | connector:dataverse@1.0.0 | |
| description | source · Harvard Dataverse | connector:dataverse@1.0.0 | /description |
| publication_date | source · Harvard Dataverse | connector:dataverse@1.0.0 | |
| title | source · Harvard Dataverse | connector:dataverse@1.0.0 | /name |
| updated_date | source · Harvard Dataverse | connector:dataverse@1.0.0 |