The introduction of mandatory audit firm rotation in the EU: the case of Portugal

Detalhes bibliográficos
Autor(a) principal: Pinto, D.
Data de Publicação: 2019
Outros Autores: Major, M., Da Veiga, M. R.
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10071/19982
Resumo: A central issue in audit regulation is whether the introduction of mandatory audit firm rotation enhances audit quality. This paper contributes to the ongoing debate surrounding this issue by analyzing how senior auditors of one of the Big Four accounting firms in Portugal perceive the policy. This study adopts a qualitative methodology based on semi-standardized interviews. In general terms, the interviewees perceive mandatory audit firm rotation negatively due to the loss of client-specific knowledge it causes, the limited association between audit independence and tenure, and the resulting decrease in fees potentially harmful to audit quality
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spelling The introduction of mandatory audit firm rotation in the EU: the case of PortugalMandatory audit firm rotationAudit qualityPerceptionsBig fourA central issue in audit regulation is whether the introduction of mandatory audit firm rotation enhances audit quality. This paper contributes to the ongoing debate surrounding this issue by analyzing how senior auditors of one of the Big Four accounting firms in Portugal perceive the policy. This study adopts a qualitative methodology based on semi-standardized interviews. In general terms, the interviewees perceive mandatory audit firm rotation negatively due to the loss of client-specific knowledge it causes, the limited association between audit independence and tenure, and the resulting decrease in fees potentially harmful to audit qualityAmerican Research Institute for Policy Development2020-02-28T11:06:19Z2019-01-01T00:00:00Z20192020-02-28T11:05:49Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10071/19982eng2333-641210.15640/rcbr.v8n1a2Pinto, D.Major, M.Da Veiga, M. R.info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:43:49Zoai:repositorio.iscte-iul.pt:10071/19982Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:20:40.349649Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv The introduction of mandatory audit firm rotation in the EU: the case of Portugal
title The introduction of mandatory audit firm rotation in the EU: the case of Portugal
spellingShingle The introduction of mandatory audit firm rotation in the EU: the case of Portugal
Pinto, D.
Mandatory audit firm rotation
Audit quality
Perceptions
Big four
title_short The introduction of mandatory audit firm rotation in the EU: the case of Portugal
title_full The introduction of mandatory audit firm rotation in the EU: the case of Portugal
title_fullStr The introduction of mandatory audit firm rotation in the EU: the case of Portugal
title_full_unstemmed The introduction of mandatory audit firm rotation in the EU: the case of Portugal
title_sort The introduction of mandatory audit firm rotation in the EU: the case of Portugal
author Pinto, D.
author_facet Pinto, D.
Major, M.
Da Veiga, M. R.
author_role author
author2 Major, M.
Da Veiga, M. R.
author2_role author
author
dc.contributor.author.fl_str_mv Pinto, D.
Major, M.
Da Veiga, M. R.
dc.subject.por.fl_str_mv Mandatory audit firm rotation
Audit quality
Perceptions
Big four
topic Mandatory audit firm rotation
Audit quality
Perceptions
Big four
description A central issue in audit regulation is whether the introduction of mandatory audit firm rotation enhances audit quality. This paper contributes to the ongoing debate surrounding this issue by analyzing how senior auditors of one of the Big Four accounting firms in Portugal perceive the policy. This study adopts a qualitative methodology based on semi-standardized interviews. In general terms, the interviewees perceive mandatory audit firm rotation negatively due to the loss of client-specific knowledge it causes, the limited association between audit independence and tenure, and the resulting decrease in fees potentially harmful to audit quality
publishDate 2019
dc.date.none.fl_str_mv 2019-01-01T00:00:00Z
2019
2020-02-28T11:06:19Z
2020-02-28T11:05:49Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10071/19982
url http://hdl.handle.net/10071/19982
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 2333-6412
10.15640/rcbr.v8n1a2
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv American Research Institute for Policy Development
publisher.none.fl_str_mv American Research Institute for Policy Development
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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