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Does auditor tenure influence the reporting of conservative earnings?

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Author Info
Jenkins, David S.
Velury, Uma

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Abstract

In this study, we examine the relation between auditor tenure and the reporting of conservative earnings. Using several measures of conservatism, we document a positive association between the conservatism in reported earnings and the length of the auditor-client relationship. We further document an increase in conservatism between short and medium tenure that does not deteriorate over long tenure. Collectively, the results imply lower conservatism for short auditor tenure, which suggests that mandating auditor rotation may have an adverse affect on the conservatism in reported earnings.

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File URL: http://www.sciencedirect.com/science/article/B6VBG-4S02DD6-1/1/2413c5e257fe56f83de0e02b472f4000
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Publisher Info
Article provided by Elsevier in its journal Journal of Accounting and Public Policy.

Volume (Year): 27 (2008)
Issue (Month): 2 ()
Pages: 115-132
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Handle: RePEc:eee:jappol:v:27:y:2008:i:2:p:115-132

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Web page: http://www.elsevier.com/locate/jaccpubpol

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  1. Dart, Eleanor, 2009. "Uk Investors' Perceptions of Auditor Independence," Cardiff Accounting and Finance Working Papers A2009/1, Cardiff University, Cardiff Business School, Accounting and Finance Section. [Downloadable!]
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This page was last updated on 2009-12-3.


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