Legal scholars and accounting practitioners have expressed concern that the US legal
system might, in cases of undetected fraud, effectively penalize auditors for identifying and …

Audit workpapers play a key role in auditor negligence trials, yet little is known about how
workpaper documentation affects jurors' decision making. I investigate how auditors' …

This paper synthesizes the extant research on the outcome effect in the accounting domain,
focusing primarily on the context of performance evaluation. It reviews the current state of …

In a crisis, managers are confronted with a dilemma between their ethical responsibility to
respond to victims and their fiduciary responsibility to protect shareholder value. In this …

Recent research suggests that adopting imprecise accounting standards elevates audit firm
litigation exposure and could undermine auditor objectivity if audit firms respond by herding …

This paper provides methodological guidance to individuals interested in audit-related, juror
judgment and decision-making (JDM) research. Specifically, we discuss key issues …

Prior research shows that, under realistic conditions, jurors overly harshly evaluate audit firm
culpability when financial statement fraud emerges after issuance of a clean audit opinion. In …

Using two experiments, I examine how apologizing for fraud influences investor's avoidance
(selling shares) and revenge (litigation) behavior. Investors in experiment one report how …

Audit firms claim that they are subject to unreasonable litigation risk and that legal reforms
are needed. One frequently proposed reform is to utilize independent (ie, court-appointed) …

The Influence of Source Credibility and Attribution of Blame on Juror Evaluation of Liability of
Industry Specialist Auditors Page 1 Journal of Forensic & Investigative Accounting Vol. 7, Issue …