{"id":165106,"date":"2024-10-08T09:47:42","date_gmt":"2024-10-08T07:47:42","guid":{"rendered":"https:\/\/www.ieseg.fr\/?post_type=events&#038;p=165106"},"modified":"2024-10-08T09:48:43","modified_gmt":"2024-10-08T07:48:43","slug":"research-seminar-do-firms-receiving-integrated-audits-seek-to-strategically-obfuscate-material-weakness-opinions-oct24","status":"publish","type":"events","link":"https:\/\/www.ieseg.fr\/en\/events\/research-seminar-do-firms-receiving-integrated-audits-seek-to-strategically-obfuscate-material-weakness-opinions-oct24\/","title":{"rendered":"[Research Seminar] \u2018Do Firms Receiving Integrated Audits Seek to Strategically Obfuscate Material Weakness Opinions?&#8217;"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" width=\"880\" height=\"250\" src=\"https:\/\/www.ieseg.fr\/wp-content\/uploads\/2020\/09\/Vignette-ev\u00e9nements-site-web-research-seminar-2.png\" alt=\"\" class=\"wp-image-100969\" srcset=\"https:\/\/www.ieseg.fr\/wp-content\/uploads\/2020\/09\/Vignette-ev\u00e9nements-site-web-research-seminar-2.png 880w, https:\/\/www.ieseg.fr\/wp-content\/uploads\/2020\/09\/Vignette-ev\u00e9nements-site-web-research-seminar-2-300x85.png 300w, https:\/\/www.ieseg.fr\/wp-content\/uploads\/2020\/09\/Vignette-ev\u00e9nements-site-web-research-seminar-2-768x218.png 768w, https:\/\/www.ieseg.fr\/wp-content\/uploads\/2020\/09\/Vignette-ev\u00e9nements-site-web-research-seminar-2-150x43.png 150w, https:\/\/www.ieseg.fr\/wp-content\/uploads\/2020\/09\/Vignette-ev\u00e9nements-site-web-research-seminar-2-400x114.png 400w\" sizes=\"(max-width: 880px) 100vw, 880px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong><em>October 10<sup>th<\/sup>, 2024<br>2:30pm \u2013 4pm in B252 Lille Campus &amp; on Zoom<\/em><\/strong><br>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;<br><em>Speakers:<\/em><br><em><strong>Linda Myers<\/strong> &#8211; University of Tennessee<\/em><\/p>\n\n\n\n<h2>ABSTRACT<\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full\"><img loading=\"lazy\" width=\"400\" height=\"400\" src=\"https:\/\/www.ieseg.fr\/wp-content\/uploads\/2022\/10\/Visuel-RS-Accounting.jpg\" alt=\"\" class=\"wp-image-134005\" srcset=\"https:\/\/www.ieseg.fr\/wp-content\/uploads\/2022\/10\/Visuel-RS-Accounting.jpg 400w, https:\/\/www.ieseg.fr\/wp-content\/uploads\/2022\/10\/Visuel-RS-Accounting-300x300.jpg 300w, https:\/\/www.ieseg.fr\/wp-content\/uploads\/2022\/10\/Visuel-RS-Accounting-150x150.jpg 150w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/figure><\/div>\n\n\n<p>Because material weakness opinions (MWOs) can have negative consequences, managers have incentives to strategically influence how the auditor reports an existing MWO in the audit report. The lack of guidance regarding whether auditors should issue combined versus separate reports for integrated audits of internal control over financial reporting (ICFR) and financial statements suggests that these decisions are perceived as trivial. We find that auditors are significantly more likely to change from issuing combined to separate reports when clients receive new material weakness opinions (MWOs). Cross-sectional tests suggest that client incentives and opportunities to influence the report format could play a role in this decision. We also find that Big 4 auditor decisions to combine audit reports in MWO years signal elevated misstatement risk, and<br>when clients with separate reports receive new MWOs, managers place the<br>reports farther apart in the 10-K than in the preceding (non-MWO) year.<br>Collectively, these results suggest that the auditor\u2019s decision about reporting<br>format in light of a MWO can have potentially important consequences for the<br>transparency of ICFR reporting.<\/p>\n\n\n\n<p><a href=\"https:\/\/acrobat.adobe.com\/link\/review?uri=urn:aaid:scds:US:ab8685b2-3cb2-3c36-a174-e9d787875534\" target=\"_blank\" rel=\"noreferrer noopener\">More info<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>October 10th, 20242:30pm \u2013 4pm in B252 Lille Campus &amp; on Zoom&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;Speakers:Linda Myers &#8211; University of Tennessee ABSTRACT Because material weakness opinions (MWOs) can have negative consequences, managers have incentives [&hellip;]<\/p>\n","protected":false},"featured_media":0,"template":"","events-category":[47,245,166],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>[Research Seminar] \u2018Do Firms Receiving Integrated Audits Seek to Strategically Obfuscate Material Weakness Opinions?&#039; - I\u00c9SEG<\/title>\n<meta name=\"description\" content=\"October 10th, 20242:30pm \u2013 4pm in B252 Lille Campus &amp; on Zoom------------------Speakers:Linda Myers - University of Tennessee ABSTRACT Because\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ieseg.fr\/en\/events\/research-seminar-do-firms-receiving-integrated-audits-seek-to-strategically-obfuscate-material-weakness-opinions-oct24\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"[Research Seminar] \u2018Do Firms Receiving Integrated Audits Seek to Strategically Obfuscate Material Weakness Opinions?&#039; - I\u00c9SEG\" \/>\n<meta property=\"og:description\" content=\"October 10th, 20242:30pm \u2013 4pm in B252 Lille Campus &amp; on Zoom------------------Speakers:Linda Myers - University of Tennessee ABSTRACT Because\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ieseg.fr\/en\/events\/research-seminar-do-firms-receiving-integrated-audits-seek-to-strategically-obfuscate-material-weakness-opinions-oct24\/\" \/>\n<meta property=\"og:site_name\" content=\"I\u00c9SEG\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/pages\/IESEG-School-of-Management\/358733860458?fref=ts\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-08T07:48:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ieseg.fr\/wp-content\/uploads\/2022\/10\/Visuel-RS-Accounting.jpg\" \/>\n<meta name=\"author\" content=\"Anna BARRALIS\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@IESEG\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.ieseg.fr\/#organization\",\"name\":\"Ieseg\",\"url\":\"https:\/\/www.ieseg.fr\/\",\"sameAs\":[\"https:\/\/www.linkedin.com\/edu\/school?id=12453\",\"https:\/\/www.youtube.com\/user\/IESEGChannel\",\"https:\/\/www.facebook.com\/pages\/IESEG-School-of-Management\/358733860458?fref=ts\",\"https:\/\/twitter.com\/IESEG\"],\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ieseg.fr\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.ieseg.fr\/wp-content\/uploads\/IESEG-Logo-2012-rgb.jpg\",\"contentUrl\":\"https:\/\/www.ieseg.fr\/wp-content\/uploads\/IESEG-Logo-2012-rgb.jpg\",\"width\":\"1000\",\"height\":\"311\",\"caption\":\"Ieseg\"},\"image\":{\"@id\":\"https:\/\/www.ieseg.fr\/#\/schema\/logo\/image\/\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ieseg.fr\/#website\",\"url\":\"https:\/\/www.ieseg.fr\/\",\"name\":\"I\u00c9SEG\",\"description\":\"School of Management\",\"publisher\":{\"@id\":\"https:\/\/www.ieseg.fr\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ieseg.fr\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ieseg.fr\/en\/events\/research-seminar-do-firms-receiving-integrated-audits-seek-to-strategically-obfuscate-material-weakness-opinions-oct24\/#primaryimage\",\"url\":\"https:\/\/www.ieseg.fr\/wp-content\/uploads\/2022\/10\/Visuel-RS-Accounting.jpg\",\"contentUrl\":\"https:\/\/www.ieseg.fr\/wp-content\/uploads\/2022\/10\/Visuel-RS-Accounting.jpg\",\"width\":400,\"height\":400},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ieseg.fr\/en\/events\/research-seminar-do-firms-receiving-integrated-audits-seek-to-strategically-obfuscate-material-weakness-opinions-oct24\/#webpage\",\"url\":\"https:\/\/www.ieseg.fr\/en\/events\/research-seminar-do-firms-receiving-integrated-audits-seek-to-strategically-obfuscate-material-weakness-opinions-oct24\/\",\"name\":\"[Research Seminar] \u2018Do Firms Receiving Integrated Audits Seek to Strategically Obfuscate Material Weakness Opinions?' - I\u00c9SEG\",\"isPartOf\":{\"@id\":\"https:\/\/www.ieseg.fr\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ieseg.fr\/en\/events\/research-seminar-do-firms-receiving-integrated-audits-seek-to-strategically-obfuscate-material-weakness-opinions-oct24\/#primaryimage\"},\"datePublished\":\"2024-10-08T07:47:42+00:00\",\"dateModified\":\"2024-10-08T07:48:43+00:00\",\"description\":\"October 10th, 20242:30pm \u2013 4pm in B252 Lille Campus &amp; on Zoom------------------Speakers:Linda Myers - University of Tennessee ABSTRACT Because\",\"breadcrumb\":{\"@id\":\"https:\/\/www.ieseg.fr\/en\/events\/research-seminar-do-firms-receiving-integrated-audits-seek-to-strategically-obfuscate-material-weakness-opinions-oct24\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ieseg.fr\/en\/events\/research-seminar-do-firms-receiving-integrated-audits-seek-to-strategically-obfuscate-material-weakness-opinions-oct24\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.ieseg.fr\/en\/events\/research-seminar-do-firms-receiving-integrated-audits-seek-to-strategically-obfuscate-material-weakness-opinions-oct24\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"I\u00c9SEG\",\"item\":\"https:\/\/www.ieseg.fr\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Events\",\"item\":\"https:\/\/www.ieseg.fr\/en\/events\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Research\",\"item\":\"https:\/\/www.ieseg.fr\/en\/events-category\/research\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Research Seminars\",\"item\":\"https:\/\/www.ieseg.fr\/en\/events-category\/research\/research-seminars-en\/\"},{\"@type\":\"ListItem\",\"position\":5,\"name\":\"[Research Seminar] \u2018Do Firms Receiving Integrated Audits Seek to Strategically Obfuscate Material Weakness Opinions?&#8217;\"}]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"[Research Seminar] \u2018Do Firms Receiving Integrated Audits Seek to Strategically Obfuscate Material Weakness Opinions?' - I\u00c9SEG","description":"October 10th, 20242:30pm \u2013 4pm in B252 Lille Campus &amp; on Zoom------------------Speakers:Linda Myers - University of Tennessee ABSTRACT Because","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ieseg.fr\/en\/events\/research-seminar-do-firms-receiving-integrated-audits-seek-to-strategically-obfuscate-material-weakness-opinions-oct24\/","og_locale":"en_US","og_type":"article","og_title":"[Research Seminar] \u2018Do Firms Receiving Integrated Audits Seek to Strategically Obfuscate Material Weakness Opinions?' - I\u00c9SEG","og_description":"October 10th, 20242:30pm \u2013 4pm in B252 Lille Campus &amp; on Zoom------------------Speakers:Linda Myers - University of Tennessee ABSTRACT Because","og_url":"https:\/\/www.ieseg.fr\/en\/events\/research-seminar-do-firms-receiving-integrated-audits-seek-to-strategically-obfuscate-material-weakness-opinions-oct24\/","og_site_name":"I\u00c9SEG","article_publisher":"https:\/\/www.facebook.com\/pages\/IESEG-School-of-Management\/358733860458?fref=ts","article_modified_time":"2024-10-08T07:48:43+00:00","og_image":[{"url":"https:\/\/www.ieseg.fr\/wp-content\/uploads\/2022\/10\/Visuel-RS-Accounting.jpg"}],"author":"Anna BARRALIS","twitter_card":"summary_large_image","twitter_site":"@IESEG","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Organization","@id":"https:\/\/www.ieseg.fr\/#organization","name":"Ieseg","url":"https:\/\/www.ieseg.fr\/","sameAs":["https:\/\/www.linkedin.com\/edu\/school?id=12453","https:\/\/www.youtube.com\/user\/IESEGChannel","https:\/\/www.facebook.com\/pages\/IESEG-School-of-Management\/358733860458?fref=ts","https:\/\/twitter.com\/IESEG"],"logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ieseg.fr\/#\/schema\/logo\/image\/","url":"https:\/\/www.ieseg.fr\/wp-content\/uploads\/IESEG-Logo-2012-rgb.jpg","contentUrl":"https:\/\/www.ieseg.fr\/wp-content\/uploads\/IESEG-Logo-2012-rgb.jpg","width":"1000","height":"311","caption":"Ieseg"},"image":{"@id":"https:\/\/www.ieseg.fr\/#\/schema\/logo\/image\/"}},{"@type":"WebSite","@id":"https:\/\/www.ieseg.fr\/#website","url":"https:\/\/www.ieseg.fr\/","name":"I\u00c9SEG","description":"School of Management","publisher":{"@id":"https:\/\/www.ieseg.fr\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ieseg.fr\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ieseg.fr\/en\/events\/research-seminar-do-firms-receiving-integrated-audits-seek-to-strategically-obfuscate-material-weakness-opinions-oct24\/#primaryimage","url":"https:\/\/www.ieseg.fr\/wp-content\/uploads\/2022\/10\/Visuel-RS-Accounting.jpg","contentUrl":"https:\/\/www.ieseg.fr\/wp-content\/uploads\/2022\/10\/Visuel-RS-Accounting.jpg","width":400,"height":400},{"@type":"WebPage","@id":"https:\/\/www.ieseg.fr\/en\/events\/research-seminar-do-firms-receiving-integrated-audits-seek-to-strategically-obfuscate-material-weakness-opinions-oct24\/#webpage","url":"https:\/\/www.ieseg.fr\/en\/events\/research-seminar-do-firms-receiving-integrated-audits-seek-to-strategically-obfuscate-material-weakness-opinions-oct24\/","name":"[Research Seminar] \u2018Do Firms Receiving Integrated Audits Seek to Strategically Obfuscate Material Weakness Opinions?' - I\u00c9SEG","isPartOf":{"@id":"https:\/\/www.ieseg.fr\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ieseg.fr\/en\/events\/research-seminar-do-firms-receiving-integrated-audits-seek-to-strategically-obfuscate-material-weakness-opinions-oct24\/#primaryimage"},"datePublished":"2024-10-08T07:47:42+00:00","dateModified":"2024-10-08T07:48:43+00:00","description":"October 10th, 20242:30pm \u2013 4pm in B252 Lille Campus &amp; on Zoom------------------Speakers:Linda Myers - University of Tennessee ABSTRACT Because","breadcrumb":{"@id":"https:\/\/www.ieseg.fr\/en\/events\/research-seminar-do-firms-receiving-integrated-audits-seek-to-strategically-obfuscate-material-weakness-opinions-oct24\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ieseg.fr\/en\/events\/research-seminar-do-firms-receiving-integrated-audits-seek-to-strategically-obfuscate-material-weakness-opinions-oct24\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.ieseg.fr\/en\/events\/research-seminar-do-firms-receiving-integrated-audits-seek-to-strategically-obfuscate-material-weakness-opinions-oct24\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"I\u00c9SEG","item":"https:\/\/www.ieseg.fr\/en\/"},{"@type":"ListItem","position":2,"name":"Events","item":"https:\/\/www.ieseg.fr\/en\/events\/"},{"@type":"ListItem","position":3,"name":"Research","item":"https:\/\/www.ieseg.fr\/en\/events-category\/research\/"},{"@type":"ListItem","position":4,"name":"Research Seminars","item":"https:\/\/www.ieseg.fr\/en\/events-category\/research\/research-seminars-en\/"},{"@type":"ListItem","position":5,"name":"[Research Seminar] \u2018Do Firms Receiving Integrated Audits Seek to Strategically Obfuscate Material Weakness Opinions?&#8217;"}]}]}},"_links":{"self":[{"href":"https:\/\/www.ieseg.fr\/en\/wp-json\/wp\/v2\/events\/165106"}],"collection":[{"href":"https:\/\/www.ieseg.fr\/en\/wp-json\/wp\/v2\/events"}],"about":[{"href":"https:\/\/www.ieseg.fr\/en\/wp-json\/wp\/v2\/types\/events"}],"version-history":[{"count":3,"href":"https:\/\/www.ieseg.fr\/en\/wp-json\/wp\/v2\/events\/165106\/revisions"}],"predecessor-version":[{"id":165110,"href":"https:\/\/www.ieseg.fr\/en\/wp-json\/wp\/v2\/events\/165106\/revisions\/165110"}],"wp:attachment":[{"href":"https:\/\/www.ieseg.fr\/en\/wp-json\/wp\/v2\/media?parent=165106"}],"wp:term":[{"taxonomy":"events-category","embeddable":true,"href":"https:\/\/www.ieseg.fr\/en\/wp-json\/wp\/v2\/events-category?post=165106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}