Clive S. Lennox

University of Southern California

2250 Alcazar Street

Los Angeles, CA 90089

United States

SCHOLARLY PAPERS

63

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29,143

SSRN CITATIONS
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SSRN RANKINGS

Top 2,448

in Total Papers Citations

576

CROSSREF CITATIONS

168

Scholarly Papers (63)

1.

Audit Quality and Auditor Switching: Some Lessons for Policy Makers

Number of pages: 25 Posted: 06 Sep 1998
Clive S. Lennox
University of Southern California
Downloads 2,801 (9,308)
Citation 8

Abstract:

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2.

Going-Concern Opinions in Failing Companies: Auditor Dependence and Opinion Shopping

Number of pages: 26 Posted: 12 Oct 2000
Clive S. Lennox
University of Southern California
Downloads 2,792 (9,368)
Citation 4

Abstract:

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3.
Downloads 2,486 (11,306)
Citation 63

Big Five Audits and Accounting Fraud

Number of pages: 57 Posted: 27 May 2008
Clive S. Lennox and Jeffrey Pittman
University of Southern California and Memorial University
Downloads 2,486 (11,094)
Citation 63

Abstract:

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corporate governance, Big Five audits, agency costs, accounting fraud

Big Five Audits and Accounting Fraud

Contemporary Accounting Research, Vol. 27, No. 1, pp. 209-247, March 2010
Posted: 27 Aug 2011
Clive S. Lennox and Jeffrey Pittman
University of Southern California and Memorial University

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Big 5, fraud, audit quality

4.

Auditor Reporting on Going-Concern Uncertainty: A Research Synthesis

Number of pages: 124 Posted: 16 Feb 2012
RMIT University, Australian National University (ANU), University of Richmond, University of Southern California, Florida International University (FIU) - School of Accounting and Katholieke Universiteit Leuven (KUL)
Downloads 1,947 (16,648)
Citation 28

Abstract:

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going concern, going-concern, auditor reporting

5.

Opinion Shopping, Audit Firm Dismissals, and Audit Committees

Number of pages: 48 Posted: 12 Feb 2002
Clive S. Lennox
University of Southern California
Downloads 1,919 (17,045)
Citation 9

Abstract:

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6.

Tax Aggressiveness and Accounting Fraud

Journal of Accounting Research, Vol. 51 (4), 739-778, 2013
Number of pages: 59 Posted: 06 Mar 2012 Last Revised: 20 Nov 2013
Clive S. Lennox, Petro Lisowsky and Jeffrey Pittman
University of Southern California, Boston University - Department of Accounting and Memorial University
Downloads 1,811 (18,695)
Citation 33

Abstract:

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accounting fraud, tax aggressiveness, effective tax rates, book-tax differences

7.

Auditing the Auditors: Evidence on the PCAOB's Inspections of Audit Firms

Number of pages: 50 Posted: 16 Oct 2007 Last Revised: 30 Sep 2008
Clive S. Lennox and Jeffrey Pittman
University of Southern California and Memorial University
Downloads 1,626 (22,059)
Citation 5

Abstract:

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Regulation, Sarbanes-Oxley Act, PCAOB

8.

A Review of China-Related Accounting Research in the Past 25 Years

Journal of Accounting & Economics (JAE), Vol. 74, No. 2-3, 2022
Number of pages: 148 Posted: 28 Mar 2022 Last Revised: 08 Aug 2022
Clive S. Lennox and Joanna S. Wu
University of Southern California and University of Rochester - Simon Business School
Downloads 1,063 (41,217)

Abstract:

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China, Accounting

9.

The Determinants and Consequences of Tax Audits: Some Evidence from China

Number of pages: 48 Posted: 27 Mar 2015
Clive S. Lennox, Wanfu Li, Jeffrey Pittman and Zi-Tian Wang
University of Southern California, Nanjing University of Finance & Economics, Memorial University and Southwestern University of Finance and Economics
Downloads 1,057 (41,509)
Citation 7

Abstract:

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tax audit, deterrent effect, tax aggressiveness, financial reporting quality

10.

Modified Audit Reports, Executive Compensation and CEO Turnover

Number of pages: 34 Posted: 04 Dec 1998
Clive S. Lennox
University of Southern California
Downloads 988 (45,683)
Citation 1

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The Credibility of Self-Regulation: Evidence from the Accounting Profession's Peer Review Program

Number of pages: 33 Posted: 18 Apr 2005
Clive S. Lennox and Gilles Hilary
University of Southern California and Georgetown University - Department of Accounting and Business Law
Downloads 946 (47,784)
Citation 9

Abstract:

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Self-regulation, Sarbanes-Oxley Act

The Credibility of Self-Regulation: Evidence from the Accounting Profession's Peer Review Program

Posted: 18 Apr 2005
Clive S. Lennox and Gilles Hilary
University of Southern California and Georgetown University - Department of Accounting and Business Law

Abstract:

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Self-regulation, Sarbanes-Oxley Act

12.

Management Ownership and Audit Firm Size

Number of pages: 35 Posted: 29 Jun 2004
Clive S. Lennox
University of Southern California
Downloads 882 (53,430)
Citation 15

Abstract:

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Management Ownership, Audit Firm Size, Agency Theory

13.

The Effect of China's Weak Institutional Environment on the Quality of Big Four Audits

The Accounting Review, Forthcoming
Number of pages: 51 Posted: 16 Oct 2014
Bin Ke, Clive S. Lennox and Qingquan Xin
National University of Singapore, University of Southern California and Chongqing University
Downloads 852 (56,050)
Citation 9

Abstract:

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Audit quality, Big Four, Institutional environment, Cross listing, China

14.

Do PCAOB Inspections Improve the Quality of Internal Control Audits?

Number of pages: 53 Posted: 07 Mar 2015 Last Revised: 07 Jul 2015
Mark L. DeFond and Clive S. Lennox
University of Southern California - Leventhal School of Accounting and University of Southern California
Downloads 804 (60,608)
Citation 63

Abstract:

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PCAOB inspections; internal controls

Management Influence on Auditor Selection and Subsequent Impairments of Auditor Independence During the Post-SOX Period

Number of pages: 56 Posted: 09 Mar 2012 Last Revised: 16 Mar 2013
University of Arizona - Department of Accounting (deceased), Arizona State University, University of Southern California and Florida State University - Department of Accounting
Downloads 803 (59,820)
Citation 20

Abstract:

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Auditor independence, Auditor selection, Sarbanes-Oxley Act, Affiliations

Management Influence on Auditor Selection and Subsequent Impairments of Auditor Independence During the Post-SOX Period

Contemporary Accounting Research, Forthcoming
Posted: 10 Mar 2014
University of Arizona - Department of Accounting (deceased), Arizona State University, University of Southern California and Florida State University - Department of Accounting

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auditor independence, auditor selection, sarbanes-oxley act, affiliations

16.

When Bonding Fails: Audit Firm Oversight of US-Listed Chinese Companies

Number of pages: 58 Posted: 03 Apr 2014 Last Revised: 04 Apr 2014
University of Tennessee, Clemson University - School of Accountancy & Legal Studies, University of Southern California and University of Tennessee
Downloads 653 (79,394)
Citation 12

Abstract:

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Audit quality, Audit firm oversight, PCAOB inspections, Chinese companies, Fraud

Opening Up the ‘Black Box’ of Audit Firms: The Effects of Audit Partner Ownership on Audit Adjustments

Number of pages: 56 Posted: 13 Nov 2018 Last Revised: 06 Dec 2018
Clive S. Lennox, Chunfei Wang and Xi Wu
University of Southern California, Central University of Finance and Economics (CUFE) and Central University of Finance and Economics
Downloads 431 (130,677)
Citation 6

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Audit adjustments, Audit partner ownership, Review partners, Engagement partners

Opening up the ‘Black Box’ of Audit Firms: The Effects of Audit Partner Ownership on Audit Adjustments

Number of pages: 51 Posted: 20 Oct 2020
Clive S. Lennox, Chunfei Wang and Xi Wu
University of Southern California, Central University of Finance and Economics (CUFE) and Central University of Finance and Economics (CUFE)
Downloads 135 (409,377)

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Audit partners; Equity ownership; Engagement quality reviews; Audit adjustments

18.

The Informativeness of Earnings and Management's Issuance of Earnings Forecasts

Journal of Accounting & Economics, Forthcoming
Number of pages: 35 Posted: 17 Jul 2008
Clive S. Lennox and Chul W. Park
University of Southern California and The University of Hong Kong - School of Business
Downloads 519 (105,852)
Citation 10

Abstract:

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Management Forecasts, ERC

19.

An explanation of path analysis and recommendations for best practice

Number of pages: 65 Posted: 23 Jun 2023 Last Revised: 30 Nov 2023
Clive S. Lennox and Carmen Payne-Mann
University of Southern California and University of Southern California - Leventhal School of Accounting
Downloads 506 (109,501)
Citation 2

Abstract:

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path analysis

20.

Audit Quality and Executive Officers' Affiliations with Cpa Firms

Number of pages: 54 Posted: 30 Jun 2004
Clive S. Lennox
University of Southern California
Downloads 503 (110,054)
Citation 20

Abstract:

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21.

The Demand for Audit in Private Firms: Recent Large-Sample Evidence from the UK

European Accounting Review, Forthcoming
Number of pages: 49 Posted: 26 Jan 2013
Elisabeth Dedman, Asad Kausar and Clive S. Lennox
Business School, American University - Kogod School of Business and University of Southern California
Downloads 426 (133,800)
Citation 15

Abstract:

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audit exemption, voluntary audit, private companies

22.

Client Concerns About Information Spillovers from Sharing Audit Partners

Journal of Accounting and Economics, Forthcoming.
Number of pages: 55 Posted: 27 Apr 2020 Last Revised: 05 Aug 2021
Jung Koo Kang, Clive S. Lennox and Vivek Pandey
Harvard Business School, University of Southern California and University of Rochester - Simon Business School
Downloads 416 (137,573)
Citation 1

Abstract:

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information spillovers; audit partners; proprietary costs; product market rivals; audit fee; audit quality

23.
Downloads 397 (145,191)
Citation 5

Employee Movements from Audit Firms to Audit Clients

Claremont McKenna College Robert Day School of Economics and Finance Research Paper No. 3108778
Number of pages: 57 Posted: 01 Feb 2018
Claremont McKenna College - Robert Day School of Economics and Finance, Saint Louis University - Department of Accounting, Arizona State University and University of Southern California
Downloads 397 (143,866)
Citation 5

Abstract:

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auditors, executive selection, auditor turnover, executive turnover

Employee Movements from Audit Firms to Audit Clients

Contemporary Accounting Research, Forthcoming, Claremont McKenna College Robert Day School of Economics and Finance Research Paper No. 3379867
Posted: 21 May 2019
Claremont McKenna College - Robert Day School of Economics and Finance, Saint Louis University - Department of Accounting, Arizona State University and University of Southern California

Abstract:

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Auditors, Executive Selection

Gender Discrimination? Evidence from the Belgian Public Accounting Profession

Contemporary Accounting Research, Forthcoming
Number of pages: 54 Posted: 27 Nov 2018 Last Revised: 01 Dec 2020
Kris Hardies, Clive S. Lennox and Bing Li
University of Antwerp, University of Southern California and City University of Hong Kong (CityU)
Downloads 395 (144,689)
Citation 5

Abstract:

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gender discrimination; public accounting firms; female partners

Gender Discrimination? Evidence from the Belgian Public Accounting Profession

Contemporary Accounting Research, Forthcoming
Posted: 08 Feb 2021
Kris Hardies, Clive S. Lennox and Bing Li
University of Antwerp, University of Southern California and City University of Hong Kong (CityU)

Abstract:

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gender discrimination, public accounting firms, female partners

25.

Accounting Misstatements Following Lawsuits Against Auditors

Number of pages: 48 Posted: 18 Sep 2012
Clive S. Lennox and Bing Li
University of Southern California and City University of Hong Kong (CityU)
Downloads 377 (153,883)
Citation 22

Abstract:

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26.

Are Audit Fees Discounted in Initial Year Audit Engagements?

Journal of Accounting & Economics (JAE), Forthcoming
Number of pages: 56 Posted: 06 Dec 2019
Abhijit Barua, Clive S. Lennox and Aneesh Raghunandan
Florida International University - School of Accounting, University of Southern California and Yale School of Management
Downloads 342 (171,106)
Citation 27

Abstract:

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auditing; audit pricing; audit fee discounting; audit quality; initial-year audits

27.

Tax Aggressiveness, R&D Spending, and Firms’ Claims for R&D Tax Deductions: Evidence from China

Number of pages: 47 Posted: 07 Mar 2015
Clive S. Lennox, Wanfu Li, Bin Lin and Zi-Tian Wang
University of Southern California, Nanjing University of Finance & Economics, National Sun Yat-sen University and Southwestern University of Finance and Economics
Downloads 328 (178,974)

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R&D; tax enforcement; China

28.

Estimation Risk and Auditor Conservatism

Review of Accounting Studies, Forthcoming
Number of pages: 41 Posted: 20 Nov 2015 Last Revised: 17 Apr 2017
Clive S. Lennox and Asad Kausar
University of Southern California and American University - Kogod School of Business
Downloads 315 (186,725)
Citation 15

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Accounting estimates, Estimation risk, Bankruptcy, Going concern opinion, Auditor resignations

29.

The Primacy of Fair Presentation: Evidence From Regulators and the Courts

Accounting Horizons, Forthcoming
Number of pages: 25 Posted: 12 Mar 2018
Mark L. DeFond, Clive S. Lennox and Jieying Zhang
University of Southern California - Leventhal School of Accounting, University of Southern California and The University of Texas at Dallas
Downloads 275 (215,327)

Abstract:

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30.

Self-Serving Disclosures by Chairmen in Failing UK Companies

Number of pages: 42 Posted: 18 Sep 2000
Clive S. Lennox
University of Southern California
Downloads 265 (223,420)

Abstract:

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31.

The Effects of Analyst-Auditor Connections on Analysts’ Performance

Accepted at European Accounting Review
Number of pages: 43 Posted: 20 Dec 2023
Mark L. DeFond, Junxiong Fang, Clive S. Lennox and Shuqing Luo
University of Southern California - Leventhal School of Accounting, Fudan University - School of Management, University of Southern California and University of Hong Kong
Downloads 83 (573,854)

Abstract:

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analyst forecasts, social connections, school ties, auditor-client confidentiality.

32.

An Explanation of Path Analysis and Recommendations for Best Practice

Posted: 11 Oct 2023 Last Revised: 30 Nov 2023
Clive S. Lennox and Carmen Payne-Mann
University of Southern California and University of Southern California - Leventhal School of Accounting
Downloads 0 (1,213,272)

Abstract:

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Path analysis, mediation analysis

33.

Opening Up the “Black Box” of Audit Firms: The Effects of Audit Partner Ownership on Audit Adjustments

Journal of Accounting Research, Volume 58, Issue 2
Posted: 15 Mar 2021
Clive S. Lennox, Chunfei Wang and Xi Wu
University of Southern California, Central University of Finance and Economics (CUFE) and Central University of Finance and Economics (CUFE)

Abstract:

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audit partners; equity ownership; engagement quality reviews; audit adjustments

34.

When Are Audit Firms Sued for Financial Reporting Failures and What Are the Lawsuit Outcomes?

Contemporary Accounting Research, Forthcoming
Posted: 13 Nov 2019
Clive S. Lennox and Bing Li
University of Southern California and City University of Hong Kong (CityU)

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Accounting lawsuits, financial reporting failures, audit failures, lawsuit outcomes

35.

A Review of the Archival Literature on Audit Partners

Accounting Horizons, 2018
Posted: 09 Oct 2017
Clive S. Lennox and Xi Wu
University of Southern California and Central University of Finance and Economics

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audit partners; auditing; literature review; research opportunities

36.

Earnings Management, Audit Adjustments, and the Financing of Corporate Acquisitions: Evidence from China

Forthcoming, Journal of Accounting & Economics (JAE), Vol. 65, No. 1, 2018
Posted: 19 Jul 2017
Clive S. Lennox, Zi-Tian Wang and Xi Wu
University of Southern California, Southwestern University of Finance and Economics and Central University of Finance and Economics

Abstract:

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37.

Balance Sheet Conservatism and Audit Reporting Conservatism

Journal of Business Finance & Accounting, Forthcoming
Posted: 17 Apr 2017 Last Revised: 18 Apr 2017
Asad Kausar and Clive S. Lennox
American University - Kogod School of Business and University of Southern California

Abstract:

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balance sheet conservatism, audit reporting, going concern

Do PCAOB Inspections Improve the Quality of Internal Control Audits?

Journal of Accounting Research, Forthcoming
Posted: 17 Apr 2017
Clive S. Lennox and Mark L. DeFond
University of Southern California and University of Southern California

Abstract:

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PCAOB, internal controls

Do PCAOB Inspections Improve the Quality of Internal Control Audits?

Journal of Accounting Research, Vol. 55, No. 3, 2017
Posted: 18 Oct 2017
Mark L. DeFond and Clive S. Lennox
University of Southern California - Leventhal School of Accounting and University of Southern California

Abstract:

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auditing; audit opinions; internal controls; regulation; PCAOB;SEC; SOX

39.

The Effect of Audit Adjustments on Earnings Quality: Evidence from China

Journal of Accounting & Economics (JAE), Vol. 61, No. 2-3, 2016
Posted: 17 Apr 2017
Clive S. Lennox, Xi Wu and Tianyu Zhang
University of Southern California, Central University of Finance and Economics and The Chinese University of Hong Kong

Abstract:

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auditing; earnings quality

40.

A Review of the Literature on Audit Partners

Posted: 29 Nov 2016 Last Revised: 08 Oct 2017
Clive S. Lennox and Xi Wu
University of Southern California and Central University of Finance and Economics

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Audit partners

41.

Why Are Expanded Audit Reports Not Informative to Investors? Evidence From the United Kingdom

Lennox, C., J. Schmidt, and A. Thompson. Are expanded audit reports informative to investors? Evidence from the UK. Forthcoming at the Review of Accounting Studies.
Posted: 19 Jun 2015 Last Revised: 14 Sep 2021
Clive S. Lennox, Jaime J. Schmidt and Anne Thompson
University of Southern California, University of Texas at Austin and University of Illinois at Urbana-Champaign

Abstract:

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Audit reporting, Disclosure, Risks of material misstatement

42.

Did the PCAOB’s Restrictions on Auditors’ Tax Services Improve Audit Quality?

Accounting Review, Forthcoming
Posted: 07 Mar 2015 Last Revised: 03 Dec 2015
Clive S. Lennox
University of Southern California

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accounting misstatements; auditors' tax services; PCAOB

43.

Auditor Tenure and Rotation

Posted: 22 Oct 2012
Clive S. Lennox
University of Southern California

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auditor rotation

44.

The Consequences of Protecting Audit Partners’ Personal Assets from the Threat of Liability

Journal of Accounting & Economics (JAE), Forthcoming
Posted: 31 May 2012
Clive S. Lennox and Bing Li
University of Southern California and City University of Hong Kong (CityU)

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Audit liability, audit quality, LLP

45.

Selection Models in Accounting Research

The Accounting Review, Forthcoming
Posted: 05 Nov 2011
Clive S. Lennox, Jere R. Francis and Zi-Tian Wang
University of Southern California, University of Missouri and Southwestern University of Finance and Economics

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selection model, Heckman, selection bias, endogeneity, treatment effect model

46.

Voluntary Audits Versus Mandatory Audits

The Accounting Review, Forthcoming
Posted: 28 Aug 2011
Clive S. Lennox and Jeffrey Pittman
University of Southern California and Memorial University

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voluntary audits, mandatory audits, credit ratings

47.

The Effect of SOX on Small Auditor Exits and Audit Quality

Journal of Accounting and Economics, Vol. 52, pp. 21-40, 2011
Posted: 28 Aug 2011
Clive S. Lennox and Mark L. DeFond
University of Southern California and University of Southern California - Leventhal School of Accounting

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Audit Quality, Sarbanes-Oxley Act, PCAOB, Audit Markets, Auditor Opinions

48.

Do Acquirers Disclose Good News or Withhold Bad News When They Finance Their Acquisitions Using Equity?

Review of Accounting Studies, Vol. 16, pp. 183-217, 2011
Posted: 28 Aug 2011
Clive S. Lennox and Rui Ge
University of Southern California and Shenzhen University & Audencia Business School

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Disclosure, Deception, Acquisitions, Management Forecasts

49.

Audit Firm Appointments, Audit Firm Alumni, and Audit Committee Independence

Contemporary Accounting Research, Vol. 24, No. 1, p. 235, Spring 2007
Posted: 27 Aug 2011
Clive S. Lennox and Chul W. Park
University of Southern California and The University of Hong Kong - School of Business

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affiliations, audit quality, audit committees

50.

Auditing the Auditors: Evidence on the PCAOB’s Inspections of Audit Firms

Journal of Accounting & Economics (JAE), Vol. 49, Nos. 1/2, p. 84, February 2010
Posted: 27 Aug 2011
Clive S. Lennox and Jeffrey Pittman
University of Southern California and Memorial University

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Regulation, Sarbanes-Oxley Act, PCAOB

51.

The Hiring of Accounting and Finance Officers from Audit Firms: How Did the Market React?

Review of Accounting Studies, Vol. 13, 2008
Posted: 27 Aug 2011
Marshall A. Geiger, Clive S. Lennox and David S. North
University of Richmond, University of Southern California and University of Richmond - E. Claiborne Robins School of Business

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Revolving door, Event study, Audit and reporting quality

52.

Perceived Competition, Profitability and the Withholding of Information About Sales and the Cost of Sales

Journal of Accounting & Economics (JAE), Vol. 48, 2009
Posted: 27 Aug 2011
Elisabeth Dedman and Clive S. Lennox
Business School and University of Southern California

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Voluntary disclosure, Managerial perceptions, Product market competition, Industry concentration

53.

Audit Effort and Earnings Management

Journal of Accounting & Economics (JAE), Vol. 45, 2008
Posted: 27 Aug 2011
Costas Caramanis and Clive S. Lennox
Athens University of Economics and Business and University of Southern California

Abstract:

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Auditing, Hours, Effort, Earnings management

54.

Managerial Ownership and Audit Firm Size

Posted: 01 Sep 2003
Clive S. Lennox
University of Southern California

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55.

Self-Serving Disclosures by Chairpersons of Failing UK Companies

Posted: 07 Sep 2001
Clive S. Lennox
University of Southern California

Abstract:

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56.

Incorporation, Audit Fees and Audit Quality

Posted: 01 Jun 1998
Clive S. Lennox
University of Southern California

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57.

Non-Audit Fees, Disclosure and Auditor Independence

Posted: 01 Jun 1998
Clive S. Lennox
University of Southern California

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59.

Evaluating the Accuracy and Incremental Information Content of Audit Reports

Posted: 26 Mar 1998
Clive S. Lennox
University of Southern California

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60.

Identifying Failing Companies: A Re-Evaluation of the Logit, Probit and Mda Approaches

Posted: 17 Mar 1998
Clive S. Lennox
University of Southern California

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61.

Bankruptcy, Managerial Behaviour and Audit Failure: Evidence from the UK, 1987-94

Posted: 06 Dec 1997
Clive S. Lennox
University of Southern California

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62.

Auditor Size and the Accuracy of Audit Reports: Reputation Theories Versus a 'Deep Pockets' Explanation

Posted: 06 Dec 1997
Clive S. Lennox
University of Southern California

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63.

PCAOB inspection deficiencies and future financial reporting quality: Do the types of deficiencies matter? *

Number of pages: 51
Clive S. Lennox, Chan Li and Patience Constance
University of Southern California, University of Kansas and University of West Florida
Downloads 0

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PCAOB, Misstatements