S-Space College of Business Administration/Business School (경영대학/대학원) Dept. of Business Administration (경영학과) Theses (Master's Degree_경영학과)
The Effect of Audit Partner on Accounting Comparability
감사 파트너가 회계정보의 비교가능성에 미치는 영향
- 경영대학 경영학과
- Issue Date
- 서울대학교 대학원
- 학위논문 (석사)-- 서울대학교 대학원 : 경영학과, 2014. 2. 곽수근.
- This study examines the effect of audit partner on accounting comparability. I find that a pair of companies audited by the same partner exhibit greater comparability than a pair of companies audited by two different partners. The audit partner effect is much greater than audit firm effect, suggesting the importance of investigation at the partner level. In addition, I find that accounting comparability between a pair of client firms is greater when they are audited by the same partner in non-Big 4 auditor firms than when they are audited by the same partner in Big 4. The finding implies that Big 4 maintain relatively similar and comparable quality of audit service across different clients and partners than non-Big 4 audit firms do. As a result, among non-Big 4 audit firms, the effect of an individual audit partner is relatively more important. Overall, these results provide some evidence about the individual audit partners effect on accounting comparability and the variability of audit quality in Big 4 versus non-Big 4 auditors.