PCAOB Inspections and the Use of Standardized Audit Technologies

• In Event: Socialization, Audit Review & PCAOB Inspections

Abstract

Using a phased, multi-method process of structured interviews, surveys, and archival analyses, we examine the relationship between Public Company Accounting Oversight Board (PCAOB) inspection findings and auditing firms’ use of standardized audit techniques and processes (SATs). Our study’s methodology enables us to draw conclusions about the impact of PCAOB inspection outcomes on auditors’ behaviors, an area that is under examined (Blankley, Hurtt, and MacGregor 2012; DeFond 2010). It also provides descriptive and statistical insights into potential positive and negative consequences of trends in the use of SATs.

Authors

• Colleen M Boland, University of Wisconsin-Milwaukee

• Brian E Daugherty, University of Wisconsin-Milwaukee

• Denise Dickins, East Carolina University