Audit Rotation And Earnings Quality: An Analysis Using Discretionary Accruals

Detalhes bibliográficos
Autor(a) principal: Silvestre, Adalene Olivia
Data de Publicação: 2018
Outros Autores: Costa, Cristiano Machado, Kronbauer, Clóvis Antônio
Tipo de documento: Artigo
Idioma: eng
por
Título da fonte: BBR. Brazilian Business Review (English edition. Online)
Texto Completo: http://www.bbronline.com.br/index.php/bbr/article/view/377
Resumo: This article aims to measure the effect of the audit firm rotation on the earnings quality of Brazilian public companies listed on BM&FBOVESPA in the period from 2008 to 2015. We use discretionary accruals as a measure of earnings quality, using two approaches: earnings management and the estimation errors. Results show that audit firm rotation reduced the volume of discretionary accruals and, thus, increases the earnings quality, when these are measured from the perspective of earnings management. However, we do not observe the effect of audit firm rotation on earnings quality when the discretionary accruals are measured from the perspective of accounting estimation errors. The results also show that companies that rotate audit firms voluntarily have greater discretionary accruals and, consequently, lower earnings quality.
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spelling Audit Rotation And Earnings Quality: An Analysis Using Discretionary AccrualsRodízio de Auditoria e a Qualidade dos Lucros: Uma Análise a Partir dos Accruals DiscricionáriosAudit rotationEarnings qualityDiscretionary accrualsEarnings managementEstimation errorsRodízio de auditoriaQualidade dos lucrosAccruals discricionáriosGerenciamento de resultadosErros de estimativasThis article aims to measure the effect of the audit firm rotation on the earnings quality of Brazilian public companies listed on BM&FBOVESPA in the period from 2008 to 2015. We use discretionary accruals as a measure of earnings quality, using two approaches: earnings management and the estimation errors. Results show that audit firm rotation reduced the volume of discretionary accruals and, thus, increases the earnings quality, when these are measured from the perspective of earnings management. However, we do not observe the effect of audit firm rotation on earnings quality when the discretionary accruals are measured from the perspective of accounting estimation errors. The results also show that companies that rotate audit firms voluntarily have greater discretionary accruals and, consequently, lower earnings quality.O presente estudo tem por objetivo analisar o efeito do rodízio de firma de auditoria sobre a qualidade dos lucros das empresas de capital aberto brasileiras listadas na BM&FBOVESPA no período de 2008 a 2015. Como medida de qualidade dos lucros foram utilizados os accruals discricionários, abordados a partir de duas diferentes perspectivas: o gerenciamento de resultados e os erros de estimativas. Os resultados demonstram que o rodízio de firma de auditoria reduz o volume de accruals discricionários e, assim, aumenta a qualidade dos lucros, quando esses são mensurados a partir da perspectiva do gerenciamento de resultados. Entretanto, o efeito do rodízio de firma de auditoria sobre a qualidade dos lucros não é observado quando os accruals discricionários são mensurados a partir da perspectiva dos erros de estimativas contábeis. Por outro lado, os resultados demonstram que as empresas que realizam rodízio voluntário de firma de auditoria apresentam maiores accruals discricionários e, consequentemente, menor qualidade dos lucros.FUCAPE Business Shool2018-09-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionPeer-reviewed ArticleArtigo revisado pelos paresapplication/pdfapplication/pdfhttp://www.bbronline.com.br/index.php/bbr/article/view/37710.15728/bbr.2018.15.5.1Brazilian Business Review; Vol. 15 No. 5 (2018): September to October 2018; 410-426Brazilian Business Review; v. 15 n. 5 (2018): Setembro a Outubro de 2018; 410-4261808-23861807-734Xreponame:BBR. Brazilian Business Review (English edition. Online)instname:Fucape Business School (FBS)instacron:FBSengporhttp://www.bbronline.com.br/index.php/bbr/article/view/377/577http://www.bbronline.com.br/index.php/bbr/article/view/377/578Copyright (c) 2018 Brazilian Business Reviewhttps://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessSilvestre, Adalene OliviaCosta, Cristiano MachadoKronbauer, Clóvis Antônio2018-10-31T18:03:23Zoai:ojs.pkp.sfu.ca:article/377Revistahttps://www.bbronline.com.br/index.php/bbr/indexONGhttp://www.bbronline.com.br/index.php/bbr/oai|| bbronline@bbronline.com.br1808-23861808-2386opendoar:2018-10-31T18:03:23BBR. Brazilian Business Review (English edition. Online) - Fucape Business School (FBS)false
dc.title.none.fl_str_mv Audit Rotation And Earnings Quality: An Analysis Using Discretionary Accruals
Rodízio de Auditoria e a Qualidade dos Lucros: Uma Análise a Partir dos Accruals Discricionários
title Audit Rotation And Earnings Quality: An Analysis Using Discretionary Accruals
spellingShingle Audit Rotation And Earnings Quality: An Analysis Using Discretionary Accruals
Silvestre, Adalene Olivia
Audit rotation
Earnings quality
Discretionary accruals
Earnings management
Estimation errors
Rodízio de auditoria
Qualidade dos lucros
Accruals discricionários
Gerenciamento de resultados
Erros de estimativas
title_short Audit Rotation And Earnings Quality: An Analysis Using Discretionary Accruals
title_full Audit Rotation And Earnings Quality: An Analysis Using Discretionary Accruals
title_fullStr Audit Rotation And Earnings Quality: An Analysis Using Discretionary Accruals
title_full_unstemmed Audit Rotation And Earnings Quality: An Analysis Using Discretionary Accruals
title_sort Audit Rotation And Earnings Quality: An Analysis Using Discretionary Accruals
author Silvestre, Adalene Olivia
author_facet Silvestre, Adalene Olivia
Costa, Cristiano Machado
Kronbauer, Clóvis Antônio
author_role author
author2 Costa, Cristiano Machado
Kronbauer, Clóvis Antônio
author2_role author
author
dc.contributor.author.fl_str_mv Silvestre, Adalene Olivia
Costa, Cristiano Machado
Kronbauer, Clóvis Antônio
dc.subject.por.fl_str_mv Audit rotation
Earnings quality
Discretionary accruals
Earnings management
Estimation errors
Rodízio de auditoria
Qualidade dos lucros
Accruals discricionários
Gerenciamento de resultados
Erros de estimativas
topic Audit rotation
Earnings quality
Discretionary accruals
Earnings management
Estimation errors
Rodízio de auditoria
Qualidade dos lucros
Accruals discricionários
Gerenciamento de resultados
Erros de estimativas
description This article aims to measure the effect of the audit firm rotation on the earnings quality of Brazilian public companies listed on BM&FBOVESPA in the period from 2008 to 2015. We use discretionary accruals as a measure of earnings quality, using two approaches: earnings management and the estimation errors. Results show that audit firm rotation reduced the volume of discretionary accruals and, thus, increases the earnings quality, when these are measured from the perspective of earnings management. However, we do not observe the effect of audit firm rotation on earnings quality when the discretionary accruals are measured from the perspective of accounting estimation errors. The results also show that companies that rotate audit firms voluntarily have greater discretionary accruals and, consequently, lower earnings quality.
publishDate 2018
dc.date.none.fl_str_mv 2018-09-01
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
Artigo revisado pelos pares
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://www.bbronline.com.br/index.php/bbr/article/view/377
10.15728/bbr.2018.15.5.1
url http://www.bbronline.com.br/index.php/bbr/article/view/377
identifier_str_mv 10.15728/bbr.2018.15.5.1
dc.language.iso.fl_str_mv eng
por
language eng
por
dc.relation.none.fl_str_mv http://www.bbronline.com.br/index.php/bbr/article/view/377/577
http://www.bbronline.com.br/index.php/bbr/article/view/377/578
dc.rights.driver.fl_str_mv Copyright (c) 2018 Brazilian Business Review
https://creativecommons.org/licenses/by/4.0
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2018 Brazilian Business Review
https://creativecommons.org/licenses/by/4.0
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv FUCAPE Business Shool
publisher.none.fl_str_mv FUCAPE Business Shool
dc.source.none.fl_str_mv Brazilian Business Review; Vol. 15 No. 5 (2018): September to October 2018; 410-426
Brazilian Business Review; v. 15 n. 5 (2018): Setembro a Outubro de 2018; 410-426
1808-2386
1807-734X
reponame:BBR. Brazilian Business Review (English edition. Online)
instname:Fucape Business School (FBS)
instacron:FBS
instname_str Fucape Business School (FBS)
instacron_str FBS
institution FBS
reponame_str BBR. Brazilian Business Review (English edition. Online)
collection BBR. Brazilian Business Review (English edition. Online)
repository.name.fl_str_mv BBR. Brazilian Business Review (English edition. Online) - Fucape Business School (FBS)
repository.mail.fl_str_mv || bbronline@bbronline.com.br
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