Audit as Coproduction of Auditors and Clients: Implications for Professional Skepticism
成果类型：
Article
署名作者：
Cruz, Aeson Luiz Dela; Dyball, Maria Cadiz; Patel, Chris
署名单位：
University of Adelaide; University of Sydney; Macquarie University
刊物名称：
ACCOUNTING REVIEW
ISSN/ISSBN：
0001-4826
DOI：
10.2308/TAR-2023-0127
发表日期：
2025
页码：
131-155
关键词：
摘要：
We examine how coproduction develops between auditors and clients and its potential impact on the professional skepticism (PS) of auditors. We mobilize Knechel, Thomas, and Driskill's (2020) theoretical framework and Social Exchange Theory to analyze interviews with 24 audit partners and 26 chief financial officers and controllers. We find that auditors and clients share a view that they cocreate audits as they each contribute and combine competencies. Coproduction redresses information asymmetries, which enables PS. Although auditor-client relationships (ACRs) facilitate coproduction through reciprocity and trust, coproduction fosters conditions where auditors must balance exercising skeptical judgments and actions and abdicating professional responsibilities that result in impaired PS. The findings are useful for audit practitioners, standard-setters, and regulators as they will help strengthen policies, standards, and regulations on managing ACRs to enhance PS. The study offers theoretical and methodological directions for future research.