| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5060241 | Economics Letters | 2012 | 4 Pages |
Abstract
This paper is the first attempt to study the relationship between public auditor expertise and fiscal performance. I find that states requiring the auditor to hold a professional degree feature significantly higher credit ratings and lower expenditures and debt.
⺠Public auditors can play a crucial role in the policymaking process. ⺠Competent auditors detect inaccurate fiscal reporting with higher probability. ⺠Auditor expertise should improve the informational content of fiscal information. ⺠Requirement for public auditors to hold professional degree improves fiscal outcomes. ⺠Auditor expertise correlated with higher credit ratings, lower expenditures and debt.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Mark Schelker,