The quality of statutory audits in the Netherlands has been the subject of heated debate for several years. The government, audit firms, the Dutch Professional Body of Accountants (NBA), and the Dutch Authority for the Financial Markets (AFM) have all announced far-reaching improvement measures to enhance audit quality.
This raises the question of the current state of audit quality in the Netherlands and how it has developed over recent years. Audit quality is a complex and multifaceted concept that consists of input, process, and outcome levels. This study focuses on the outcome level of statutory audits: the financial reporting quality of the audited financial statements. It does so using a widely applied measure from academic literature: discretionary accruals. Results show that the outcome quality of statutory audits of listed companies significantly improved during the period 2000–2018.
Publication Info
Publication Author(s)
Involved University
Paper Type
Theme(s)
Related project(s)
Newsletter
Receive updates on FAR research, publications and events.
Filter projects:
