Econ Papers Daily / 期刊论文
非审计服务与盈余公告及时性
Non-audit services and earnings announcement timeliness
摘要
We examine the association between permissible non-audit services provided by auditors and the timeliness of earnings announcements. Although earnings announcements are unaudited, audit progress influences management’s ability to release earnings while maintaining confidence in reported results. We posit that non-audit services generate earnings announcement timeliness benefits by improving the efficiency and timing of audits through knowledge transfer. We find that tax non-audit services are associated with timelier earnings announcements while nontax non-audit services are not. These benefits are concentrated in the pre-regulatory period before changes in the mid-2000s. Following these changes, the association persists for firms with weaker information environments, poorer performance, and greater audit-related challenges. Overall, our findings show that auditor-provided tax services are associated with enhanced timeliness of unaudited disclosures and that these benefits vary across firms and over time, highlighting previously undocumented spillovers from non-audit services with implications for academic research and regulation.
中文摘要
我们考察了审计师提供的合规非审计服务与盈余公告及时性之间的关联。尽管盈余公告未经审计，但审计进度影响管理层在保持对报告结果信心的同时发布盈余的能力。我们假设，非审计服务通过知识转移提高审计效率和时机，从而带来盈余公告及时性的益处。我们发现，税务类非审计服务与更及时的盈余公告相关，而非税务类非审计服务则无此关联。这些益处集中在21世纪中期监管变化之前的时期。在这些变化之后，对于信息环境较弱、业绩较差及面临更大审计挑战的公司，这一关联依然存在。总体而言，我们的研究结果表明，审计师提供的税务服务与未经审计披露的及时性增强相关，且这些益处因公司和时间而异，揭示了先前未记录的非审计服务溢出效应，对学术研究和监管具有启示意义。