Accounting faculty publications

Overview

2025 and forthcoming

Beck, M., P. Constance, and C. Li. (2025). Risky Business: The Impact of Audit Office Experience with Financially Distressed Clients on Going Concern Opinions and Audit Costs. Auditing: A Journal of Practice & Theory. 44 (1):1-26.

Park, M., Yoon, A., and Zach, T. (forthcoming). Sell-side analysts’ assessment of ESG risk. Journal of Accounting and Economics.

Bakke, A. L., E. N. Cowle, S. P. Rowe, and M. S. Wilkins. (forthcoming). What Happens to Partners Who Issue Adverse Internal Control Opinions? Journal of Accounting Research.

Hogan, C. E., L. A. Myers, and M. S. Wilkins (2025). Writing Introductions: A Framework and Commentary. Issues in Accounting Education. 40 (1): 1-10.

2024

Beck, M. J., N. G. Lundstrom, S. B. Stuber (2024). Following the crowd? Peer influence on voluntary bank audits. Contemporary Accounting Research, 41: 914-943.

Brazel, J.F., K.L. Jones, and Q. Lian (2024). Auditor Use of Benchmarks to Assess Fraud Risk: The Case for Industry Data. Journal of Forensic Accounting Research. 9 (1): 23-57.

Brazel, J. F., Carpenter, T., Gimbar, C., Jenkins, G., & Jones, K. L. (2024). Recent research on the identification, assessment, and response to fraud risks: Implications for audit practice and topics for future research. Accounting Horizons. 38 (3): 1-12.

Aier, J. K., Jones, K. L., Lian, Q., & Schroeder, J. (2024). An examination of the auditor-client dynamic during the terminal year of the relationship. Accounting Horizons. 38 (2): 1-25.

Beardsley, E. L., Kara, M. C., & Weaver, C. D. (2024). Managers’ stock price incentives and earnings management using tax expense. Journal of the American Taxation Association. 46 (2): 9-30.

Li, C., K. Stack, L. Sun and J. Xu. (forthcoming). Enterprise Risk Management and Management Earnings Forecasts. Management Science. 

Gunn, J., C. Li, L. Lin, J. Yang and S. Zhou. (forthcoming). Audit Firms’ Corporate Social Responsibility Activities and Auditor Reputation. Accounting, Organizations and Society.

Jeremy B. Lill, Michael J. Majerczyk, and Ivo D. Tafkov (2024). Candidate Selection in Teams: Be the Best or Surround Yourself with the Best?. Journal of Management Accounting Research. 36 (3),1-20.

Jeremy B. Lill, Michael J. Majerczyk, and Ke Xu (2024). The Joint Effect of Organizational Identification and Internal Reporting Environment Openness on Budgetary Misreporting. Journal of Management Accounting Research. 36 (2): 141–156

Christensen, B. E., Cline, B. N., Lundstrom, N. G., & Yore, A. S. (2024). Do Auditors View Off-the-Clock Misbehavior by Company Leadership as a Signal of Tone at the Top?. The Accounting Review, 99(5), 171-196.

Min Park (2024). Analyst/Investor Days and Firms' Information Environments. Accounting Horizons. 1-22.

Easton, Peter D, Kapons, Martin M., Monahan, Steven J.,  Schütt, Harm H., Weisbrod, Eric H. (2024). Forecasting Earnings Using k-Nearest Neighbors. The Accounting Review. 99 (3): 115-140.

Christensen, B. E., N. J. Newton, and M. S. Wilkins (2024). Costs and Benefits of a Risk-Based PCAOB Inspection Regime. Accounting, Organizations, and Society 112.

Horne, E., S. Loftus, S. McCoy, and A. Winn. (2024). Attracting the next generation of accountants: The joint impact of sustainability emphasis and social value orientation on accounting career perceptions. Auditing: A Journal of Practice & Theory. 43 (1) 191-209.

2023

Arikan, M., Kara, M. C., Masli, A., & Xi, Y. (2023). Political euphoria and corporate disclosures: An investigation of CEO partisan alignment with the president of the United States. Journal of Accounting & Economics, 75 (2–3): 101552.

Kara, M. C., Mayberry, M. A., & Rane, S. G. (2023). Equity incentives and conforming tax avoidance. Contemporary Accounting Research. 40 (3): 1909–1936.

Imdieke, A., Li, C., & Zhou, S. (2023). Does the presence of an internal control audit affect firm operational efficiency? Contemporary Accounting Research. 40 (2): 952–980.

Gunn, L., C. Li, L. Lin, and S. Zhou. (2023). Is it Better to Kill Two Birds with One Stone? Internal Control Audit Quality and Audit Costs for Integrated vs. Non-integrated Audits. The Accounting Review 98(1): 251-283.

Chen, C.X., Lill, J. B., & Lucianetti, L. (2023). Performance measurement system diversity and product innovation: Evidence from longitudinal survey data. Accounting, Organizations & Society. 111, 101480.

Chan, E. W., Lill, J. B., & Maas, V. (2023). Promote internally or hire externally? The role of trust, reciprocity, and performance measurement precision. Journal of Accounting Research, 61 (2): 493–530.

Chan, E. W. & Lill, J. B. (2023). The effects of explicit versus implicit targets on worker performance, reciprocity, and trust, and the role of peer benchmarking. Journal of Management Accounting Research, 35 (1): 69–91.

Abernathy, J., Klaus, J., Le, L., & Masli, A. (2023). Does greater access to employees with information technology capability improve financial reporting quality? Contemporary Accounting Research,40 (3): 2071–2015.

Eulerich, M., Masli, A., Pickerd, J., & Wood, D. (2023). The impact of audit technology on audit task outcomes: Evidence for technology-based audit techniques. Contemporary Accounting Research,40 (3): 981–1012.

Guo, F., Li, Y., Maruping, L., & Masli, A. (2023). Complementarity between investment in information technology (IT) and IT human resources: Implications for different types of firm innovation. Information Systems Research,34 (3): 1259–1275.

Bakke, A., Kubick, T., & Wilkins, M. (2023). Deferred tax valuation allowances and auditors’ going concern evaluations. Auditing: A Journal of Practice & Theory, 42 (1) 1–26.

Elliott, Brooke, Serena Loftus, and Amanda Winn (2023). To Read or to Listen? Does Disclosure Delivery Mode Impact Investors’ Reactions to Managers’ Tone Language? Contemporary Accounting Research. 41 (1): 7-38.

2022

Beck, M. J., Glendening, M., & Hogan, C. (2022). Financial statement disaggregation, materiality, and auditor effort. Auditing: A Journal of Practice & Theory, 41 (2): 27–55.

Beck, M. J., Nicoletti, A., & Stuber, S. (2022). The role of audit firms in spreading depositor contagion. The Accounting Review, 97 (4): 51–73.

Johnson, B., Geiger, M., Jones, K. L., & Kumas, A. (2022). Information leakage around SEC comment letters. Management Science, 68 (11): 7793–8514.

Fan, Y., Gunn, J., Li, C., & Shao, J. (2022).  Financial reporting quality and auditor dismissal decisions at companies with common directors and common auditors. Contemporary Accounting Research,39 (3): 1871–1904.

Feng, M., Li, C., Raghunandan, K., & Sun, L. (2022). Restating internal control reports following financial statement restatements: Determinants and consequences. Contemporary Accounting Research,39 (1): 117–156.

Gunn, L., Li, C., Lin, L., & Zhou, S. (2022). Is it better to kill two birds with one stone? Internal control audit quality and audit costs for integrated vs. non-integrated audits. The Accounting Review,98 (1): 251–283.

Abdel-Rahim, H., Kuang, X., & Lill, J. B. (2022). Remote work and budgetary reporting. Strategic Finance, 103 (8): 50–56.

Klaus, J. P., Kim, K. Masli, A. Guerra, K., & Kappelman, L. (2022). Prioritizing IT management issues and business performance. Journal of Information Systems, 36 (2): 83–99.

Guo, F., Masli, A., Xu, Y., & Zhang, J. (2022). Corporate innovation and the auditor's assessment of going concern opinions. Accounting Horizons, 36 (4): 27–45.

Bochkay, K., Markov, S., Subasi, M., & Weisbrod, E. (2022). The roles of data providers and analysts in the production, dissemination, and pricing of street earnings. Journal of Accounting Research, 60 (5): 1695–1740.

Christensen, B. E., Newton, N. J., & Wilkins, M. (2022). The PCAOB inspection process: A client-level analysis of a large firm's experience. Auditing: A Journal of Practice & Theory, 41 (4): 33–56. 

Mendoza, K. & Winn, A. (2022). Improving performance on low-level audit tasks: The interactive effect of regulatory fit and professional identity. The Accounting Review. 97 (7): 379–400.

2021

Bronson, S. N., Masli, A., & Schroeder, J. H. (2021). Releasing earnings when the audit is less complete: Implications for audit quality and the auditor/client relationship. Accounting Horizons, 35 (2): 27–55.

Ettredge, M., Li, C., Wang, Q., & Xu, Y. (2021). Executive director financial expertise and IPO performance. Accounting Horizons, 35 (1): 47–64.

Brazel, J. F., Carpenter, T. D., Jones, K. L., & Thayer, J. M. (2021). Nonfinancial measures and fraud risk: Evaluating investors’ reactions to greater transparency. Journal of Forensic Accounting Research, 6 (1): 1–32.

Docimo, W., Gunn, J., Li, C., & Michas, P. (2021). Foreign component auditor usage and audit quality. Contemporary Accounting Research 38 (4): 3113–3145.

Shackell, M., Bol, J. C., & Lill, J. B., (2021). Reversing the ratchet effect. Strategic Finance, 102 (9): 46–53.

Christensen, B. E., Lundstrom, N. G., & Newton, N. J. (2021). Does the disclosure of PCAOB inspection findings increase audit firms' litigation exposure? PCAOB inspection findings and audit firms' litigation exposure. The Accounting Review, 96 (3): 191–219.

Khurana, I. K., Lundstrom, N. G., & Raman, K. K. (2021). PCAOB inspections and the differential audit quality effect for Big 4 and non–Big 4 US auditors. Contemporary Accounting Research, 38 (1): 376–411.

Ali, S., Green, P., Robb, A., & Masli, A. (2021). Governing IT investment: A contingency perspective on organization’s IT investment goals. Australian Journal of Management, 47 (1): 3–23.

Guo, F., Lin, C., Masli, A., & Wilkins, M. S. (2021). Auditor responses to shareholder activism. Contemporary Accounting Research, 38 (1): 63–95.

Suh, I., Masli, A., & Sweeney, J. (2021). Do management training grounds reduce internal auditor objectivity and external auditor reliance? The influence of family firms. Journal of Business Ethics, 173: 205–227.

Hamm, S. J. W., Jung, M. J., & Park, M. (2021). Corporate venture capital, disclosure, and financial reporting. Corporate Governance: An International Review, 29 (6): 541–566. 

Iselin, M., Park, M., & Van Buskirk, A. (2021). Seemingly inconsistent analyst revisions. Journal of Accounting & Economics,71 (1): 101339.  

Christensen, B. E., Newton, N. J., & Wilkins, M. S. (2021). Archival evidence on the audit process: Determinants and consequences of interim effort. Contemporary Accounting Research, 38 (2): 942–973.

Christensen, B. E., Newton, N. J., & Wilkins, M. S. (2021). How do team workloads and team staffing affect the audit? Archival evidence from U.S. audits. Accounting, Organizations, & Society, 92: 101225.

Hansen, J. C., Lisic, L. L., Seidel, T. A.,& Wilkins, M. S., (2021). Audit committee accounting expertise and the mitigation of strategic auditor behavior. The Accounting Review, 96 (4): 289–314.

Dunn, R., Lundstrom, N. G., & Wilkins, M. S. (2021). The impact of mandatory auditor tenure disclosures on ratification voting, auditor dismissal, and audit pricing. Contemporary Accounting Research, 38, (4): 2871–2917.

Condie, E. R., Obermire, K. M., Seidel, T. A., & Wilkins, M. S. (2021). The effect of prior audit experience on CFO financial reporting aggressiveness.  Auditing: A Journal of Practice & Theory, 40 (4): 99–121.

Winn, A. M. (2021). The joint effects of partner rotation and PCAOB Inspections on audit effort. Auditing: A Journal of Practice & Theory 40 (3): 155–174. 

2020

Ettredge, M., Mao, J., & Stone, M. (2020). Group audits: Are audit quality and price associated with the lead auditor’s decision to accept responsibility? Journal of Accounting & Public Policy,39 (2): 1–25.

Ettredge, M., Sherwood, S., & Sun, L. (2020). Office-client balance and metro area audit market competition. Auditing: A Journal of Practice & Theory, 39 (4):113–141. 

Chen, X, M. Feng, M., & Li, C. (2020). Family entrenchment and internal control: Evidence from S&P 1500 firms. Review of Accounting Studies. 25: 246–278.

Bucaro, T., Jackson, K., & Lill, J. B. (2020). The Influence of CSR measures on investors’ judgments when integrated in a financial report versus presented in a separate report. Contemporary Accounting Research, 37 (2): 642–664.

Chen, C., Lill, J. B., & Vance, T. (2020). Management control system design and employees' autonomous motivation. Journal of Management Accounting Research, 32 (3): 71–91.

Lill, J. B. (2020). When the boss is far away and there is shared pay: The effect of monitoring distance and compensation interdependence on performance misreporting. Accounting, Organizations & Society, 86: 101143

Carcello, J., Eulerich, M., Masli, A., & Wood, D. (2020). Are internal audits associated with reductions in perceived risk? Auditing: A Journal of Practice & Theory, 39 (3): 55–73.

Brown, T., Grant, S. M., & Winn, A. M. (2020). The effect of mobile device use and headline focus on investor judgments. Accounting, Organizations & Society, 83: 101100.

Demek, K. C., Kaplan, S. E., & Winn, A. M. (2020). Who Really performs the audit? Examining the effects of voluntary disclosure of the use of other auditors on investors’ perceptions of audit quality. Auditing: A Journal of Practice & Theory, 39 (1): 1–19.

2019

Beck, M. J., Gunn, J., & Hallman, N. (2019). The geographic decentralization of audit firms and audit quality. Journal of Accounting & Economics, 68 (1): 101234.

Cunningham, L., Li, C., Stein, S., & Wright, N. (2019). What’s in a name? Initial evidence of U.S. audit partner identification using difference-in-differences analyses. The Accounting Review,94 (5): 139–163.

Li, C., Raman, K., Sun, L., & Wu, D. (2019). The SOX 404 control audit and the effectiveness of additional audit effort in lowering the risk of financial misstatements. Review of Quantitative Finance and Accounting, 54 (3): 981–1009.

Reid, L., Carcello, J., Li, C., & Neal, T. (2019). Impact of auditor report changes on financial reporting quality and audit costs: Evidence from the United Kingdom. Contemporary Accounting Research,36 (3): 1501–1539.

Abernathy, J., Guo, F., Kubick, T., & Masli, A. (2019). Financial statement footnote readability and corporate audit outcomes. Auditing: A Journal of Practice & Theory,38 (2): 1–26.

Abernathy, J., Kubick, T., & Masli, A. (2019). The effect of general counsel prominence on the pricing of audit services. Journal of Accounting & Public Policy, 38 (1): 1–14.

Gao, J., Masli, A., Suh, I., & Xu, J. (2019). The influence of a family business climate and CEO–CFO relationship quality on misreporting conduct. Journal of Business Ethics, 171, 99–122.

Bianchi, P., Falsetta, D., Minutti-Meza, M., & Weisbrod, E. (2019). Joint audit engagements and client tax avoidance: Evidence from the Italian statutory audit regime. Journal of the American Taxation Association, 41 (1): 31–58.

Weisbrod, E. (2019). Stockholders' unrealized returns and the market reaction to financial disclosures. Journal of Finance, 74 (2): 899–942.

Caylor, M. & Whisenant, S. (2019). Depreciation method choice and future operating performance. International Journal of Accounting & Financial Reporting, 9 (1): 89–121.

Whisenant, S. (2019). An analysis of accounting quality using reformulated financial statements. Strategies in Accounting and Management, 1 (2): 1–2.

Persellin, J., Schmidt, J., Vandervelde, S., & Wilkins, M. S. (2019). Auditor perceptions of audit workloads, audit quality, and job satisfaction. Accounting Horizons, 33 (4): 95–117.

Lawson, B., Martin, G., Muriel, L., & Wilkins, M. S. (2019). How do auditors respond to FCPA risk? Auditing: A Journal of Practice & Theory, 38 (4): 177–200.

2018

Beck, M. J., Francis, J. R., & Gunn, J. (2018). Public company audits and city-specific labor characteristics. Contemporary Accounting Research, 35 (1): 394–433.

Ettredge, M., Guo, J., & Li, Y. (2018). Trade secrets and cybersecurity breaches. Journal of Accounting & Public Policy, 37 (6): 564–585.

Ettredge, M., Sherwood, M., & Sun, L. (2018). Effects of SOX 404(b) implementation on audit fees by SEC filer size category. Journal of Accounting & Public Policy, 37 (1): 21–38.

Fields, L. P., Gupta, M., Wilkins, M. S., & Zhang, S. (2018). Refinancing pressure and earnings management: Evidence from changes in short-term debt and discretionary accruals. Finance Research Letters, 25: 62–68

Christensen, D., Jones, K. L., & Kenchington, D. (2018). Gambling attitudes and financial misreporting. Contemporary Accounting Research, 35 (3): 1229–1261.

Abernathy, J., Kubick, T., & Masli, A. (2018). Evidence on the relation between managerial ability and financial reporting timeliness. International Journal of Auditing, 22 (2): 185–196.

Carcello, J. V., Eulerich, M., Masli, A., & Wood, D. A. (2018). The value to management of using the internal audit function as a management training ground. Accounting Horizons, 32 (2): 121–140.

Du, L., Masli, A., & Meschke, F. (2018). Credit default swaps on corporate debt and the pricing of audit services. Auditing: A Journal of Practice & Theory, 37 (3): 117–144.

Goldie, B., Li, L., & Masli, A. (2018). Do mutual fund investors care about auditor quality? Contemporary Accounting Research, 35 (3): 1505–1532.

Guo, F., Kubick, T., & Masli, A. (2018). The effects of restatements for misreporting on auditor scrutiny of peer firms. Accounting Horizons, 32 (1): 65–85.

Masli, A., Porter, C., & Scholz, S. (2018). Determinants of auditor going concern reporting in the banking industry. Auditing: A Journal of Practice & Theory, 37 (4): 187–205.

Akbas, F., Markov, S., Subasi, M., & Weisbrod, E. (2018). Determinants and consequences of information processing delay: Evidence from Thomson Reuters' Institutional Brokers Estimate System. Journal of Financial Economics, 127 (2): 366–388.

2017

Bronson, S. N., Ghosh, A., & Hogan, C. (2017). Audit fee differential, audit effort and litigation risk: An examination of ADR firms. Contemporary Accounting Research, 34 (1): 83–117.

Ettredge, M., Fuerherm, E. E., Guo, F., & Li, C. (2017). Client pressure and auditor independence: Evidence from the “Great Recession” of 2007-2009. Journal of Accounting & Public Policy 36 (4): 262–283.

Li, D., Sun, L., & Ettredge, M. (2017). Auditor selection following auditor turnover: Do peers’ choices matter? Accounting, Organizations & Society, 57: 53–87.

Lambert, T., Jones, K. L., Brazel, J., & Showalter, S. (2017). Audit time pressure and earnings quality: An examination of accelerated filings. Accounting, Organizations & Society, 58: 50–66.

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 & Theory, 36 (3): 71–89.

Li, C., Raman, K., Sun, L., & Wu, D. (2017). The effect of ambiguity in an auditing standard on auditor independence: Evidence from nonaudit fees and SOX 404 opinions. Journal of Contemporary Accounting & Economics, 13 (1): 37–51

Cao, J., Kubick, T.,& Masli, A. (2017). Do corporate payouts signal going-concern risk for auditors? Evidence from audit reports for companies in financial distress. Review of Quantitative Finance & Accounting, 49: 599–631.

Huang, M., Masli, A., Meschke, F., & Guthrie, J. (2017). Clients' workplace environment and corporate audits. Auditing: A Journal of Practice & Theory, 36 (4): 89–113.

Haislip, J. Z., Myers, L. A., Scholz, S., & Seidel, T. A. (2017). The consequences of audit-related earnings revisions, Contemporary Accounting Research, 34 (4): 1880–1914.

Desai, R., Desai, V., Libby, T., & Srivastava, R. P. (2017). External auditors’ evaluation of the internal audit function: An empirical investigation. International Journal of Accounting Information Systems, 24, 1–14.

Desai, V., Kim, J. W., Srivastava, R. P.,& Desai, R. (2017). A study of the relationship between a going concern opinion and its financial distress metrics. Journal of Emerging Technologies in Accounting,14 (2): 17–28.

Mock, T. J., Srivastava, R. P., & Wright, A. (2017). Fraud risk assessment using the fraud risk model as a decision aid. Journal of Emerging Technologies in Accounting, 14 (1): 37–56.

2016

Ettredge, M., Huang, Y., & Zhang, W. (2016). Conservative reporting and securities class action lawsuits. Accounting Horizons, 30 (1): 93–118.

Mao, J. & Ettredge, M. (2016). SOX 302 internal control deficiency disclosures among Chinese reverse merger firms. Abacus: A Journal of Accounting, Finance & Business Studies, 52 (3): 441–472.

Abernathy, J. L., Kubick, T., & Masli, A. (2016). General counsel prominence and corporate tax policy. Journal of the American Taxation Association, 38 (1): 39–56.

Haislip, J. Z., Masli, A., Richardson, V. J., & Sanchez, J. M. (2016). Repairing organizational legitimacy following information technology (IT) material weaknesses: Executive turnover, IT expertise, and IT system upgrades. Journal of Information Systems, 30 (1): 41–70.

Kubick, T. & Masli, A. (2016). Firm-level tournament incentives and corporate tax aggressiveness. Journal of Accounting & Public Policy, 35 (1): 66–83.

Masli, A., Richardson, V., Watson, M., & Zmud, R. (2016). Senior executives’ IT management responsibilities: Serious IT-related deficiencies and CEO/CFO turnover. MIS Quarterly, 40 (3): 687–708.

Nehmer, R. & Srivastava, R. P. (2016). Using belief functions in software agents to test the strength of application controls: A conceptual framework. International Journal of Intelligent Information Technologies, 12 (3): 1–19.

Srivastava, R. P. (2016). Textual analysis and business intelligence in big data environment: Search engine versus XBRL. Indian Accounting Review, 20 (1): 1–20.

Wilkins, M. S., Newton, N., Persellin, J., & Wang, D. (2016). Internal control opinion shopping and audit market competition. The Accounting Review, 91 (2): 603–623.

2015

Boland, C., Bronson, S. N., & Hogan, C. (2015). Accelerated filing deadlines, internal controls and financial statement quality: The case of originating misstatements. Accounting Horizons, 29 (3): 551–575.

Ettredge, M. & Wang, Q. (2015). Discretionary allocation of corporate income to segments. Research in Accounting Regulation, 27 (1): 1–13.

Ettredge, M., Xu, Y., & Yi, H. (2015). Fair value measurements, industry expertise, and audit fees: Evidence from the banking industry. Auditing: A Journal of Practice & Theory, 33 (3): 33–58.

Brazel, J. F., Jones, K. L., Thayer, J., & Warne, R. C. (2015). Understanding investor perceptions of financial statement fraud and their use of red flags: Evidence from the field. Review of Accounting Studies, 20 (4): 1373–1406.

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, 90 (2): 529–557.

Li, C., Raman, K., Sun, L., & Wu, D. (2015). The SOX 404 internal control audit: Key regulatory events. Research in Accounting Regulation, 27 (2): 160–164.

Lill, J. B. & Bol, J. (2015). Performance target revisions in incentive contracts: Do information and trust reduce ratcheting and the ratchet Effect? The Accounting Review,90 (5): 1755–1778.

Drake, M. S., Myers, L. A., Scholz, S., & Sharp, N. Y. (2015). Short selling around accounting restatements: When do bears pounce? Journal of Accounting, Auditing, & Finance, 30 (2): 218–245.

Lee, W. E., & Sweeney, J. T. (2015). Use of discretionary environmental accounting narratives to influence stakeholders: The case of jurors' award assessments. Journal of Business Ethics, 129 (3): 673–688.