Presents the results of an experiment which focuses on the mismatch between auditors' tendency to structure their knowledge of financial statement errors with audit objective. Audit tasks' requirement of auditors' assessment of objectives; Effects of knowledge structures' mismatch with task structures.
Investigates how structured audit approaches affect managers' human resources assignments in environments varying in complexity. Definition of environmental complexity; Assessment of the effects of structure on experience level for the performance and supervision of judgment-oriented audit tasks; Explanation for the apparent lack of response to the complexity manipulation.
Examines the question of whether direct solicitation rules affect auditors' decisions regarding the type of audit report to issue. Effect on audit quality by the removal of bans on direct uninvited solicitation; Associations between information dissemination, client-author alignment and auditor independence.
Studies whether capital expenditures provide value relevant information which is incremental to that of current earnings. Value relevance of individual firm factors; Development of factors for risk and growth; Sensitivity of predisclosure information on capital expenditures to the firm's size.
Presents empirical evidence on the economic substance of the hybrid security redeemable preferred stock (RPFD). Variation in the relation between firm leverage and systematic risk; RPFD's impact on systematic risk; Factors affecting market perception of RPFD.
Focuses on the impact of time pressure and knowledge on tax researchers' ability to locate relevant authority. Declarative and procedural knowledge's enhancement of tax researchers' ability to select relevant key words; Interaction between time pressure and knowledge.
Focuses on factors that affect the accuracy of auditors' inherent risk assessment in a hidden information audit setting. Risk of unintentional errors; Players' incentives; Precision of the auditors' data; Regulatory bounds on detection risk.