Areas of Interest

• Financial Accounting
• Auditing
• Accounting Theory

Courses Taught

• Financial Accounting
• Business Ethics
• Auditing
• Attestation Services
• Ethics in Daily Life

Publications (Selected)

Lai, K.-W. 2023. The Effect of Tenure, Specialization, Conservatism, and Fees on the Relationship between Going-Concern Opinions and Client Bankruptcy.  Accounting and the Public Interest 23(1), 146-173.

Lai, K.-W. and P. W. Leung. 2023. Auditor-client Match: Timing of Auditor Change Following Mismatch and Improvement through the Change. Managerial Auditing Journal 38(5), 579-601.

Lai, K.-W. 2023. Differential Spillover Effects of Different Non-Audit Fees on Audit Report Lag. Journal of Applied Accounting Research 24(1), 1-24.

Lai, K.-W. 2022. Separation of Tax Service from Audit Service, Going-Concern Opinions and Discretionary Accruals. Journal of Corporate Accounting and Finance 13, 13-30.

Lai, K.-W. and F. A. Gul. 2021. Do Failed Auditors Receive Lower Audit Fees from Continuing Engagements? Review of Quantitative Finance and Accounting 56(3), 1159-1190. 

Lai, K.-W. 2019. Audit Report Lag, Audit Fees, and Audit Quality Following an Audit Firm Merger: Evidence from Hong Kong. Journal of International Accounting, Auditing and Taxation 36, 1-21. 

Lai, K.-W. and P. Leung. 2018. Unintended Consequences of Securities Regulation: Stock Value Loss upon Potential Involuntary Delisting in Hong Kong. Global Finance Journal 37, 219-226. 

Halperin, R. and K.-W. Lai. 2015. The Relation between Auditor-Provided Tax Service Fees and Audit Fees after the Sarbanes-Oxley Act: From the Perspective of Cross-Selling of Services. Journal of Accounting, Auditing and Finance 30(3), 341-372. 

Lai, K.-W. 2013. Audit Reporting of Big 4 versus Non-Big 4 Auditors: The Case of Ex-Andersen Clients. The International Journal of Accounting 48(4), 495-524. 

Lai, K.-W. 2011. The Cost of Debt when All-equity Firms Raise Finance: The Role of Investment Opportunities, Audit Quality and Debt Maturity. Journal of Banking and Finance 35, 1931-1940. 

Lai, K.-W. 2009. Does Audit Quality Matter More for Firms with High Investment Opportunities? Journal of Accounting and Public Policy 28, 33-50.