Announcements

CANCELLED- ACCOUNTING SEMINAR- Annita Florou

Author: CASE
Time: 16:00
Location: CASE 110

CANCELLED

KOÇ UNIVERSITY
FACULTY OF ADMINISTRATIVE SCIENCES AND ECONOMICS
ACCOUNTING SEMINAR

27 February  2020 –THURSDAY

CASE 110 -16:00

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Speaker : Professor Annita Florou - Bocconi University

Title       : Auditor University Education: Does it matter?"

Time       : 16:00-17:30

Place      : CASE 110

Date       : 27 February 2020 -THURSDAY

Abstract: We examine the implications of auditor education for audit quality and audit pricing. We exploit a novel institutional setting in the UK, where auditors major in many different degrees at university and signing auditors are identifiable. Using hand-collected data for a large sample of signing auditors, we establish two main findings. First, auditors whose degrees have a quantitative orientation are associated with higher accruals quality and higher audit fees than auditors with more qualitative degrees. Second, auditors with degrees directly relevant to accounting are also associated with higher accruals quality and increased audit fees relative to auditors with unrelated university degrees in qualitative subjects. Overall, our study provides direct evidence that heterogeneity in auditor education is associated with divergent audit outcomes.

Short Bio: Annita Florou is Professor of Accounting at Bocconi University. Prior to this she held academic positions at London Business School, Queen Mary University of London and King’s College London. She is also the Academic Advisor to the Institute of Chartered Accountants in England and Wales (ICAEW); and an Editorial Board Member of Contemporary Accounting Research, Accounting Horizons and Corporate Governance: An International Review. Her research interests cover the economic consequences of IFRS reporting as well as the effects of financial reporting enforcement and auditor regulation. She has received research grants from several organisations and the European Union. Her research has been published in leading academic journals, including The Accounting Review and Review of Accounting Studies.