New regulation in the European Union has introduced the mandatory disclosure of key audit
matters (KAM s) to audit reports. The EU has identified KAM s as significant risks, significant …

Abstract Section 404 of the Sarbanes-Oxley Act of 2002 (SOX) mandates reporting on the
effectiveness of internal control over financial reporting (ICFR) by public company …

This paper investigates managers' economic incentives for voluntary reporting on risk
management and internal control using a sample of publicly traded firms in The Netherlands …

We examine detection and severity classification of internal control deficiencies (ICD)
identified under Section 404 of the Sarbanes-Oxley Act of 2002. While the cost/benefit …

We examine post‐restatement audit fees and executive turnover for a sample of firms that
restated their 2003 financial statements. We investigate and find evidence that audit fees are …

In this study, we examine audit fees for SEC registrants that remediate previously disclosed
material weaknesses in internal control. We find that remediating firms have lower audit fees …

In this paper, we study a sample of companies that fail to remediate previously disclosed
material weaknesses (MWs) in their internal control systems and, thus, disclose the same …

This study examines the association between internal control risk and audit fees under the
voluntary adopting regime of the Basic Standard of Enterprise Internal Control in China. We …

One of the most important recent expansions of the auditor's report within the European
Union, but also in the International Standards on Auditing, is the mandatory disclosure of key …

This study analyzes the impact of Information Technology (IT) Controls quality on control risk
and audit fees. The impact is expected to occur when regulation increases sensitiveness to …