Researchers examine the professional skepticism of audit partners

The research team examined the audit reports of 19,200 financially distressed companies in Belgium between 2008 and 2017. The vast majority of the companies examined were private companies, as is the case with most Belgian companies. The study is authored by Kris Hardies from the University of Antwerp, Sanne Janssen of the Court of Audit, Ann Vanstraelen of Maastricht University, and Karla M. Zehms from the University of Wisconsin–Madison.