Mapping the state of expanded audit reporting: a bibliometric view

Abstract

Purpose This study aims to identify the intellectual structure of expanded audit reporting (EAR), offers a quantitative summation of prominent themes, contributors and knowledge gaps and provides suggestions for further research. Design/methodology/approach This research uses various bibliometric techniques, including co-word and co-citation analysis for EAR science mapping, based on 123 papers from Scopus Database between 1991 and 2022. Findings The results show EAR research is focused on Audit Quality; Auditor Liability and Litigation; Communicative Value and Readability; Audit Fees; and Disclosure. Regarding EAR research, Brasel et al. (2016), article is the most cited paper, Bédard J. is the most cited author, Laval University is the most influential university, The Accounting Review is the most cited journal and USA is the leading country. Furthermore, the results show that in common law countries, in which shareholder rights and litigation risk is high, topics such as disclosure quality and audit litigation have been addressed more; and in civil legal system countries, which usually favor stakeholders’ rights, topics of gender diversity or corporate governance have been more studied. Practical implications This research has practical implications for standard setters and regulators, who can identify important, overlooked and emerging issues and consider them in future policies and standards. Originality/value This paper contributes to the literature by providing a more objective and comprehensive status of the accounting research on EAR, identifying the gaps in the literature and proposing a direction for future research to continue the discussion on the value-relevance of EAR to achieve more transparency and less audit expectation gap.

A Comprehensive Study of Artificial Intelligence on Financial Analysis: A Bibliometric Analysis

“…According to Aria and Cuccurullo (2017), bibliometric analysis uses statistical and mathematical methodologies to study trends in the literature that are still within the purview of one domain. Several previous studies have used bibliometric analysis to analyze AI topics in the accounting domain, such as studies conducted by Mashayekhi et al (2023), namely the bibliometric analysis of the blockchain in extended audit reporting (EAR), Lardo et al (2021), namely bibliometric analysis of AI in the general scope of business, management, and accounting, and Lamboglia (2020). The bibliometric analysis method was used for this study because it has the advantage of examining a discipline's development, trends, and publication patterns.…”

Influence of blockchain and artificial intelligence on audit quality: Evidence from Turkey

“…These include scalability concerns, regulatory and legal uncertainties, privacy issues, technical complexities, and the need for standardized protocols and frameworks. Addressing these challenges is crucial for realizing the full potential of blockchain in enhancing audit quality [ 34 ]. As technology evolves and adoption increases, further research is needed to provide more robust evidence and insights into the implications of blockchain for audit quality [ 35 ].…”

How gender diversity in boards affects disclosure? A literature review

“…The combination of CNA and GCS analysis is useful for investigating the state of the art in a field and its development. However, to deepen the understanding of the structure of the field, to pinpoint the most recent trends and themes shared among all the contributions, and to identify potential future directions (Mashayekhi et al, 2023), a co-occurrence analysis the author keywords of the whole set of papers resulting from the SLR phase (Ding et al, 2001) is performed.…”

“…Finally, 'audit committee' in Cluster 4 is an emerging topic (cf. Mashayekhi et al, 2023). Researchers, indeed, started focusing on subcommittees and their composition given their relevance in several corporate processes (Bravo & Alcaide-Ruiz, 2019).…”

“…Accordingly, they suggest appointing women to corporate committees based on their competencies, and not on social pressure or compliance with regulations. The presence of women in the audit committee of Malaysian companies is found to decrease the accuracy of management earning forecast disclosure in initial public offering prospectuses(Ammer & Ahmad-Zaluki, 2017).Recent literature focuses on investigating gender diversity in audit committees rather than on boards of directors (cf Mashayekhi et al, 2023)…”