Prof. Kris Hoang

Professor

Kris Hoang is Professor of Accounting at the Culverhouse School of Accountancy, University of Alabama. She earned her PhD in Accounting from the University of Alberta and holds a Master of Accounting and a Bachelor of Arts in Accounting from the University of Waterloo. Before joining academia, she worked in Assurance and Advisory Services at Deloitte in Toronto and is a Chartered Professional Accountant (CPA, CA).Her research examines judgment and decision-making in auditing and corporate governance, focusing on how psychological biases and interpersonal dynamics influence audit quality and financial reporting. Using experiments and field studies, she explores auditor-client relationships, audit market competition, and evidence-informed audit standard setting. Kris has published widely in leading journals such as The Accounting Review, Auditing: A Journal of Practice & Theory, and Contemporary Accounting Research. Her work addresses topics including audit engagement profitability, auditor communications with audit committees, and barriers to transferring research insights to policymakers.Kris teaches auditing and advanced accounting courses and serves as Associate Editor for Behavioral Research in Accounting. She has held visiting appointments, including a sabbatical at the University of Antwerp, and regularly collaborates internationally to bridge academic research with practice and policy.

We provide a systematic review of the academic literature on companies’ auditor selection process, that is, the process through which companies select and hire their auditor. Some process elements over which companies exercise discretion include the decision-makers and the extent of their influence (e.g., the audit committee, the CFO); timing (initiation, duration); the procedures and decision-making approach (e.g., formal tendering, assessment criteria, documentation, evaluation); and the eventual appointment of the auditor (e.g., shareholder voting on auditor ratification). By synthesizing the research, we identify key activities, decision points, and participants’ expectations in the selection process. We also consider academic research findings in light of practitioner guidance on best practices for auditor selection. Finally, even though most of the relevant studies use archival data to infer aspects of the selection process from associations between publicly observable auditor/company characteristics and auditor appointment outcomes, we highlight the limitations of this evidence for understanding companies’ processes, and we offer suggestions for future research. Our review provides valuable insights for audit academics, audit regulators, and practitioners interested in companies’ actual practices for auditor selection and appointment.  
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