• Abigail Allen
  • Karthik Ramanna


Auditor Lobbying on Accounting Standards. Abigail M. Allen, Karthik Ramanna, December 22, 2014, Paper. "We examine how Big N auditors’ changing incentives impact their comment-letter lobbying on U.S. GAAP over the first thirty-four years of the FASB (1973-2006). We examine the influence of auditors’ lobbying incentives arising from three basic factors: managing expected litigation and regulatory costs; catering to clients’ preferences for flexibility in GAAP; and being conceptually aligned with the FASB, particularly on the use of fair values in accounting. We find evidence that auditor lobbying is driven by..." Link