08.30-18.00

Registration

09.00-09.15

Welcome and Introduction

Matthias Wolz, University of Trier
Marleen Willekens, KU Leuven, Belgium

09.15-10.45

Plenary Presentation of Proposals by Ph.D. Students I

Carmen Olsen, Norwegian School of Economics, Norway: Situational professional scepticism and irrelevant interpersonal effect on auditors' sceptical judgment

Like Jiang, ESSEC Business School, France: Determinants and consequenes of internal function quality - an international study

10.45-11.00

Break

11.00-12.30

Parallel Sessions I & II

Ia: Adrian Raftery, University of Technology, Sydney, Australia: The cost, investment performance, asset allocation and audit attributes of superannuation funds in Australia

Ib: Emma-Riikka Myllymäki, University of Vaasa, Finland: Section 404 material weknesses and real earnings management

IIa: Herman van Brenk, Nijenrode Business Universiteit, Netherlands: Commercialism prohibited in auditors' compensation schemes - good or bad?

IIb: Christophe van Linden, KU Leuven, Belgium: Engagement team characteristics, audit quality and audit efficiency

12.30-13.30

Lunch

13.30-14.30

Ph.D. Round Table Sessions

Table 1 with Robert Knechel and Stuart Turley: Liesbeth Averhals, Wilbert Snoei, Maria Enev

Table 2 with Jere Francis and Marleen Willekens: Matthijs van Peteghem, Nadine Funcke, Will Ciconti

Table 3 with Bill Messier, Aasmund Eilifsen and Reiner Quick: Drier Schockaert, Lukas Loehlein, Lisa De Wachter

14.30-16.00

Parallel Sessions III & IV

IIIa: Sanne Janssen, Universiteit Antwerpen, Belgium: Intra-firm audit quality differentiation - why does quality vary within audit firms in Europe?

IIIb: Jouni Laitinen, University of Vaasa, Finland: Auditor liability, audit quality, and audit markets

IVa: Shannon Sidaway, RMIT, Australia: Fraud, corporate governance, auditor specialisation and audit fees

IVb: Ioan-Bogdan Robu, University of Iasi, Romania: The use of panel data analysis for fraud assessment in financial auditing

16.00-16.30

Break

16.30-17.45

Plenary Discussion by Faculty Members with Questions from Students:
“What constitutes high quality auditing research?”
Moderator: Marleen Willekens
Presenting Faculty:
Jere Francis, Robert Knechel, Bill Messier, and Stuart Turley

17.45-18.00

Closing

19.00-22.00 Welcome Reception (Weingut Deutschherren-Hof, Olewiger Str. 181, 54295 Trier)

Meeting points: At the University (main entrance) and additionally at the Porta Nigra bus stop; Registration open all day

 Time: 18.30 h

08.30-18.00

Registration

09.30-10.00

Welcome Addresses and Opening of the 7^th EARNet Symposium

• Michael Jäckel (President of the University of Trier)
• Matthias Wolz (University of Trier)

10.00-10.45

Keynote Speech

Jere R. Francis: Are we going about auditing research the right way? What are we doing right? What could we do better?

10.45-11.15

Break

11.15-13.00

Plenary Panel: Audit regulation and standard setting – current developments from a European perspective

Chair: Annette Köhler (University of Duisburg-Essen)

Speakers:

• Arnold Schilder (Chairman IAASB)
• Juan Maria Arteagoitia (European Commission)
• Rober Knechel (University of Florida)
• Philip Wallage (KPMG/University of Amsterdam)

13.00-14.00

Lunch

14.00-16.00

Parallel Session I: Going Concern Decisions
Chair: Mahbub Zaman, University of Manchester

Jean Bédard and Carl Brousseau, Laval University; Ann Vanstraelen, Maastricht University: The effects of an emphasis of matter paragraph on auditor reporting behavior and informative value: The case of going-concern disclosures.
Discussant: Nicole Ratzinger-Sakel, University of Ulm

Nadine Funcke, Maastricht University: Credit ratings and the auditor`s  going-concern opinion decision.
Discussant: Per Christen Tronnes, University of New South Wales

Stefan Sundgren, University of Vaasa and Umeå School of Business and Economics; Tobias Svanström, BI Norwegian Business School and Umeå School of Business and Economics: The association between audit firm size and the adoption of a new auditing standard: The case of ISA 570 based going-concern reporting in Sweden.
Discussant: Liesbeth Bruynseels, KU Leuven

Parallel Session II: Non-Audit Fees
Chair: Christiane Pott, Technical University Dortmund

Bernard Raffournier, University of Geneva; Alain Schatt, HEC Lausanne: Non-audit fees and audit fees in a poorly regulated context: The case of Switzerland.
Discussant: Christiane Pott, Technical University Dortmund

Ilias Basioudis, University of Aston; Ferdinand A. Gul, Monash University; Anthony C. Ng, The Hong Kong Polytechnik University: Non-audit fees, religiosity, and auditor independence.
Discussant: Robert Knechel, University of Florida

Timothy B. Bell, University of North Florida; Monika Causholli, University of Kentucky; W. Robert Knechel, University of Florida: Audit firm tenure, non-audit services, and internal assessments of audit quality.
Discussant: Ilias G. Basioudis, University of Aston

Parallel Session III: Audit Market I
Chair: Christopher Koch, University of Mainz

Klaus Ruhnke, Free University of Berlin; Martin Schmidt, ESCP Europe Berlin: Changing the institutional framework of the statutory audit: Internal stakeholders’ perceptions of the associated benefits and costs.
Discussant: Stuart Turley, University of Manchester

Benjamin Heß and Ulrike Stefani, University of Konstanz: Audit market regulations and supplier concentration around the world: Empirical evidence.
Discussant: Jere R. Francis, University of Missouri-Columbia

Jere R. Francis, University of Missouri-Columbia; Mihir N. Mehta, Temple University; Wanli Zhao, Southern Illionois University: Audit market dynamics: Evidence frm auditor-client realignments.
Discussant: Christopher Koch, University of Mainz

Parallel Session IV: Audit Quality I
Chair: Annette Köhler, University of Duisburg-Essen

Simon Dekeyser; Ann Gaeremynck and Marleen Willekens, KU Leuven: Audit partner`s financial incentives and discretionary accruals.
Discussant: Annette Köhler, University of Duisburg-Essen

Tania de Menezes Montenegro, University of Minho: Audit quality: Does gender composition of audit firms matter?
Discussant: Heidi Vander Bauwhede, Ghent University

Christopher Bleibtreu and Ulrike Stefani, University of Konstanz: The interdependence between audit market structure and the quality of financial reporting: The case of non-audit services.
Discussant: Teija Laitinen, University of Vaasa

Parallel Session V: Auditor's Reporting
Chair: Reiner Quick, Darmstadt University of Technology

Diane Breesch, Vrije Universiteit Brüssel; Kris Hardies; Universiteit Antwerpen: The expectations gap: Two remedies investigated.
Discussant: Reiner Quick, Darmstadt University of Technology

Klaus Ruhnke, Paul Pronobis and Moritz Michel, Free University of Berlin: Materiality and creditor`s lending decisions: A quasi-experimental-survey on the relevance of reporting audit materiality.
Discussant: Dominyka Sakalauskaite, Copenhagen Business School

Anne-Mie Reheul, Tom Van Caneghem, Machteld Van den Bogaerd, and Sandra Verbruggen, Hogeschool-Universiteit Brüssel: The relationship between personal characteristics and audit opinions.
Discussant: Martin Schmidt, ESCP Europe Berlin

16.00-16.30

Break

16.30-18.00

Parallel Session VI: Joint Audits
Chair: Kim Ittonen, University of Vaasa

Nicole Ratzinger-Sakel, University of Ulm; Sophie Audousset-Coulier, Concordia University/Montreal; Jaana Kettunen, University of Jyväskylä; Cédric Lesage, HEC Paris: Joint audit: Issues and challenges for researchers and policy makers.
Discussant: Anne-Mie Reheul, Hogeschool Universiteit Brussel

Kim Ittonen, University of Vasa; Per Christen Tronnes, Univesity of New South Wales: Benefits and costs of appointing  two audit engagement partners.
Discussant: Nadine Funcke, Maastricht University

Parallel Session VII: Judgement
Chair: Bent Warming-Rasmussen, University of Southern Denmark

Aasmund Eilifsen, Norwegian School of Economics; William F. Messier Jr.; University of Nevada Las Vegas: Materiality guidance of the major auditing firms.
Discussant: Rikke Holmslykke Kristensen, University of Southern Denmark

Ian  Dennis, Oxford Brooks University and Norwegian School of Economics: The nature of professional judgement in auditing.
Discussant: Mahbub Zaman, University of Manchester

Parallel Session VIII:Audit Market II
Chair: Mara Cameran, Bocconi University

Hanno Dachwitz and  Jörg R. Werner, Frankfurt School of Finance & Management: Auditing financially distressed firms: Evidence from Germany.
Discussant: Ulf Mohrmann, University of Konstanz

Sytse Duiverman, KPMG and Tilburg University; Arjen von Witteloostuijn, Tilburg University and University of Antwerps: The tragedy of common reputation damage from accounting scandals.
Discussant: Ulrike Stefani, University of Konstanz

Parallel Session IX: Negotiations and Decisions
Chair: Tania de Menezes Montenegro, University of Minho

Ellen M. Kulset and Iris Stuart, Norwegian School of Economics: Auditor-client negotiations over accounting issues - field evidence.
Discussant: Ewald Aschauer, Vienna University of Economics and Business

Klaus Ruhnke, Free University of Berlin; Martin Schmidt, ESCP Europe/Berlin: The resolution of detected misstatements: Determinants of the auditor's decision.
Discussant: Iris Stuart, Norwegian School of Economics

19.30-23.00

Symposium Dinner

09.00-11.00

Parallel Session X: Skepticism
Chair: Aasmund Eilifsen, Norwegian School of Economics

Sayed Alwee Hussnie Sayed Hussin, National Audit Department of Malaysia; Takiah Mohd. Iskandar; Norman Mohd Saleh and Romlah Jaffar, National University of Malaysia: The effect of skepticism, auditor`s experience and control environment towards fraud detection.
Discussant: Tammie J. Schaefer, University of Missouri-Kansas City

Joseph F. Brazel, North Carolina State University; Scott B. Jackson, University of South Carolina; Tammie J. Schaefer, University of Missouri; Bryan W. Stuart, University of South Carolina: Hindsight bias and professional skepticism: Does the end justify the means?
Discussant: Aasmund Eilifsen, Norwegian School fo Economics

Ewald Aschauer and Katharina von Bakel-Auer, Vienna University of Economics and Business; Matthias Fink, University Linz; Bent Warming-Rasmussen, University of Southern Denmark; Andrea Moro, University of Leicester: Familiarity threat argument revisited: Confidence, trust and professional skepticism.
Discussant: Ian Dennis, Oxford Brooks University and Norwegian School of Economics

Parallel Session XI:  Audit Committees
Chair: Ann Vanstraelen, Maastricht University

Rogier Deumes, Caren Schelleman and Ann Vanstraelen, Maastricht University; Heidi Vander Bauwhede, Ghent University: The audit committee oversight process of the external audit: Auditor selection and monitoring.
Discussant: Jean Bédard, Laval University

Chanchai Tangruenrat and Mahbub Zaman, University of Manchester: The effect of behavioural traits and interpersonal relationships on the audit committee process.
Discussant: Philip Wallage, University of Amsterdam

Liesbeth Bruynseels, Tilburg University; Eddy Cardinaels, KU Leuven: The audit committee: Management watchdog or personal friend of the CEO?
Discussant: Ann Vanstraelen, Maastricht University

Parallel Session XII: Audit Fees
Chair: Stefan Sundgren, University of Vaasa and Umeå School of Business and Economic

Jürgen Ernstberger, University of Bochum; Christopher Koch, University of Mainz; Hun-Tong Tan, Nanyang Technological University Singapore: Lead auditor's technical and managerial knowledge, audit quality, and audit fees.UPDATED
Discussant: Mara Cameran, Bocconi University

Irina Alexeyeva, Umea Schoolof Business and Economics; Tobias Svanström, BI Norwegian Business School andUmea School of Business and Economics: The determinants of audit fees and non-audit fees: Evidence from an economic downturn.
Discussant: Alain Schatt, HEC Lausanne

Ulf Mohrmann and Ulrike Stefani, University of Konstanz; Jan Riepe, LMU Munich: Are extensive audits "good news"? Market perceptions of abnormal audit fees and fair value disclosures.
Discussant: Stefan Sundgren, University of Vaasa and Umeå School of Business and Ecnonomics

Parallel Session XIII: Audit Quality II
Chair: Ann Gaeremynck, KU Leuven

Florian Hoos, HEC Paris; Anne Chrstine d`Arcy, Vienna University of Ecnonomics and Business; Gerrit Sarens, Université Catholique de Louvan: Internal audit effectiveness: experimental evidence on internal and external auditor`s perception of the importance of the CAE/CEO relationship.
Discussant: Jonas Gaudernack, Norwegian  School of Economics

Teija Laitinen and Elina Haapamäki, University of Vaasa: An analysis of the factors affecting audit exemption thresholds harmonization. Evidence from European Union.
Discussant: Klaus Ruhnke, Free University of Berlin

Erkki K. Laitinen and Teija Laitinen, University of Vaasa: A probalistic model of audit quality.
Discussant: Jochen Theis, University of Duisburg-Essen

Parallel Session XIV: Moral Reasoning and Fraud
Chair: William F. Messier, Jr., University of Nevada Las Vegas

Razana Juhaida Johari, Zuraidah Mohd. Sanusi, Rashidah abd Rahman and Normah Omar, UiTM Shah Alam: Ethical orientation and auditor`s ethical judgments: The mediating role of moral intensity.
Discussant: Diane Breesch, Vrije Universiteit Brüssel

Sudarshan K. Pillalamarri, University of Essex; Claus Holm, Aarhus University: Of mode of reasoning and context: Danish evidence of accounting student’s moral reasoning abilities in resolving ethical dilemmas related to fraud.
Discussant: Paul Pronobis, Free University of Berlin

Dominyka Sakalauskaite, Copenhagen Business School;  Iris Stuart, Norwegian School of Economics: The role of experience with type of fraud and fee pressure in auditors’ decisions to involve forensic specialists in audit engagements.
Discussant: Sudarshan K. Pillalamarri, University of Essex

11.00-11.30

Break

11.30-13.00

ICAEW Plenary Panel: Reliability and the central role of the auditor

Chair: Henry Irving (Chairman ICAEW)

Speakers:

• Patrick Mulvey (ICAEW)
• Wienand Schruff (KPMG)
• Stuart Turley (University of Manchester)

Parallel Session XV: Oversight
Chair: Razana Juhaida Johari, UiTM Shah Alam

Elizabeth Carson and Roger Simnett, University of New South Wales; Ann Vanstraelen, Maastricht University: Auditing the auditors: an international analysis of the effectiveness of national inspection regimes on audit quality.
Discussant: Tobias Svanström, BI Norwegian Business School and Umeå School of Business and Economics

Lukas Loehlein, University of Luxembourg: What do we know about audit oversight regulation? – A review of 30 years of U.S. audit oversight literature.
Discussant: Sytse Duiverman, KPMG and Tilbury University

Parallel Session XVI
Chair: Florian Hoos, HEC Paris

Tammie J. Schaefer, University of Missouri – Kansas City: The effects of social costs and internal quality reviews on auditor consultation strategies.
Discussant: Florian Hoos, HEC Paris

Emma-Riikka Myllymäki, University of Vaasa: The persistence in the association between section 404 material weaknesses and financial reporting quality.
Discussant: Christopher Bleibtreu, University of Konstanz

13.00-13.30

Best Paper Award and Closing                                   

13.30-14.30

Lunch

16.00-18.00

Social Programme