Evidence-Informed Audit Standard Setting: Exploring Evidence use and Knowledge Transfer in Development of the Group Audit Standard.

Abstract

The authors acknowledge ongoing support for this research from the Social Sciences and Humanities Council of Canada (grant number 430-2015-0165) and Salterio acknowledges support from the Stephen J.R. Smith Chair. We thank workshop participants at the University of Sydney and the University of Queensland for comments on an early draft of this paper, as well as participants at the 2020 AAA Auditing Section Midyear Meeting. In particular, we thank Wai Fong Chua, Kerry Humphreys, Justin Leiby (discussant), and Ken Trotman for detailed comments. We thank the Netherlands-based Foundation for Audit Research for allowing the third author to present some of these ideas at the closing plenary of the 3 rd International Audit Research Conference. We also presented some of the initial findings of this paper through video format at the 2018 Illinois Symposium on Audit Research. We thank the members of the Smith Social and Behavioral Brownbag for numerous comments on this research program. We appreciate the assistance of former IAASB board members and staff, PCAOB and SEC academic fellows, and PCAOB-AAA Auditing Section synthesis project members for input, however, we note the analysis and conclusions are our own and should not be attributed to them.