Chan Li

Chan Li
  • C.A. Scupin Professor
  • Accounting academic area

Contact Info

785-864-0921
Capitol Federal Hall, Room 4103
Lawrence

Biography —

Chan Li is the C.A. Scupin Professor at the University of Kansas School of Business. Li obtained her Ph.D. from University of Kansas. Prior to joining the faculty at her alma mater, Li was a tenured professor at the University of Pittsburgh.

Her primary research interest is in archival auditing, particularly in economic consequences of auditing, effects of regulation on the audit environment, auditor judgment and audit quality. She has published over 30 articles in leading academic journals, including The Accounting Review, Journal of Accounting Research, Journal of Accounting and Economics, Contemporary Accounting Research, Review of Accounting Studies, Accounting, Organizations, and Society, MIS Quarterly, and Auditing: A Journal of Practice & Theory.

Her work has been cited by the SEC, PCAOB, The New York Times and The Wall Street Journal. Li is currently serving as the editor at The Accounting Review and Auditing: A Journal of Practice & Theory. She is also on the editorial board at Contemporary Accounting Research.

Education —

Ph.D. in Accounting, University of Kansas
M.S. in Management Information Systems, University of Akron
B.A. in Business English, Sichuan International Studies University, China

Research —

Research interests:

  • Effects of regulation on the audit environment
  • Auditor judgment and audit quality
  • Internal controls

Teaching —

Teaching interests:

  • Accounting information systems
  • Financial accounting
  • Auditing

Selected Publications —

Reid, L., Carcello, J., Li, C., Neal, T., Francis, J. (2019). Impact of Auditor Report Changes on Financial Reporting Quality and Audit Costs: Evidence from the United Kingdom. Contemporary Accounting Research - Issue 3 | Volume 36. https://doi.org/10.1111/1911-3846.12486.
Fan, Y., Li, C., Raghunandan, K. (2017). Is SOX 404(a) Management Internal Control Reporting an Effective Alternative to SOX 404(b) Internal Control Audits?. AUDITING A Journal of Practice and Theory - Issue 3 | Volume 36. https://doi.org/10.2308/AJPT-51669.
Feng, M., Li, C., Mcvay, S., Skaife, H. (2015). Does Ineffective Internal Control over Financial Reporting affect a Firm's Operations? Evidence from Firms' Inventory Management. The Accounting Review - Issue 2 | Volume 90. https://doi.org/10.2308/ACCR-50909.
Feng, M., Li, C. (2014). Are Auditors Professionally Skeptical? Evidence from Auditors’ Going‐Concern Opinions and Management Earnings Forecasts. Journal of Accounting Research - Issue 5 | Volume 52. https://doi.org/10.1111/1475-679X.12064.
Ettredge, M., Fuerherm, E., Li, C. (2014). Fee pressure and audit quality. Accounting, Organizations and Society - Issue 4 | Volume 39. https://doi.org/10.1016/J.AOS.2014.04.002.
Johnstone, K., Li, C., Luo, S. (2014). Client Supply Chain Relationships and Audit Quality and Pricing. Auditing: A Journal of Practice &Theory - Issue 4 | Volume 33.
Dorantes, C., Li, C., Peters, G., Richardson, V. (2013). The Effect Of Enterprise Systems Implementation On The Firm Information Environment. Contemporary Accounting Research - Issue 4 | Volume 30. https://doi.org/10.1111/1911-3846.12001.
Carcello, J., Li, C. (2013). Costs and Benefits of Requiring an Engagement Partner Signature: Recent Experience in the United Kingdom. The Accounting Review - Issue 5 | Volume 88. https://doi.org/10.2308/ACCR-50450.
Li, C., Peters, G., Richardson, V., Watson, M. (2012). The Consequences of Information Technology Control Weaknesses on Management Information Systems: The Case of Sarbanes-Oxley Internal Control Reports. MIS Quarterly - Issue 1 | Volume 36.
Zehms, K., Li, C., Rupley, K. (2011). Changes in Corporate Governance Associated with the Revelation of Internal Control Material Weaknesses and Their Subsequent Remediation*: Internal Control Material Weaknesses. Contemporary Accounting Research - Issue 1 | Volume 28. https://doi.org/10.1111/j.1911-3846.2010.01037.x.
Li, C., Ettredge, M., Sun, L. (2010). Financial Executive Quality, Financial Executive Turnover, and Adverse SOX 404 Opinions. Journal of Accounting and Economics - Issue 1 | Volume 50.
Li, C., Feng, M., Li, C., Mcvay, S. (2009). Internal control and management guidance. Journal of Accounting and Economics - Issue 2-3 | Volume 48. https://doi.org/10.1016/j.jacceco.2009.09.004.
Li, C. (2009). Does Client Importance Affect Auditor Independence at the Office Level? Empirical Evidence from Going‐Concern Opinions*. Contemporary Accounting Research - Issue 1 | Volume 26. https://doi.org/10.1506/car.26.1.7.
Ettredge, M., Li, C., Sun, L. (2006). The Impact of SOX Section 404 Internal Control Quality Assessment on Audit Delay in the SOX Era. AUDITING A Journal of Practice and Theory - Issue 2 | Volume 25. https://doi.org/10.2308/aud.2006.25.2.1.
Li, C., Chen, X., Feng, M. Family Entrenchment and Internal Control: Evidence from S&P 1500 Firms. Review of Accounting Studies.
Li, C., Cunningham, L., Stein, S., Wright, N. What’s in a Name? Initial Evidence of U.S. Audit Partner Identification Using Difference-in-Differences Analyses. The Accounting Review.
Reid, L., Carcello, J., Li, C., Neal, T. Impact of Auditor Report Changes on Financial Reporting Quality and Costs: Evidence from the United Kingdom. Contemporary Accounting Research.