Emeritus Professor Neil Fargher
Areas of expertise
- Financial Accounting 150103
- Auditing And Accountability 150102
Research interests
My research interests are in the areas of auditing and financial accounting. I am interested in how risk is measured, how risk is communicated to the market and how investors respond to such communication. This has lead me to study a range of specific issues. These issues include auditor reporting of going concern uncertainty, measuring types of risk, probabilities of default, leverage, derivatives, short sales, fair value accounting, assurance services for initial public offerings and, most recently, systems for whistle-blowing.
Researcher's projects
Projects have included the American Accounting Association liaison committee reviewing research on auditor reporting of going concern uncertainty. That is, following the financial crisi of 2007-2008 both the FASB and the PCAOB were interested in whether company managements and auditors provide sufficient warning of issues relating to the ability of a company to continue as a going concern. This project also led to similar research on how auditors in Australia responded to the GFC. More recently CPA Australia has supported research in to auditor reporting during the period of continued uncertainty 2010 to 2013.
Publications
- Zhang, L & Fargher, N 2021, 'Aggregate accounting earnings, special items and growth in gross domestic product: evidence from Australia', Accounting and Finance, vol. 62, no. 2, pp. 2467-2496.
- Phang, S & Fargher, N 2019, 'Auditors' Evaluation of Subsequent Events: The Effects of Prior Commitment and Type of Accountability', Auditing: A Journal of Practice and Theory, vol. 38, no. 3, pp. 167-182.
- Fargher, N & Wee, M 2019, 'The impact of Ball and Brown (1968) on generations of research', Pacific-Basin Finance Journal, vol. 54, pp. 55-72.
- Fargher, N, Hou, W & Zhang, J 2019, 'Do banks audited by specialist engage in less real activities management? Evidence from repurchase agreements', Auditing: A Journal of Practice and Theory, vol. 38, no. 1, pp. 149-169.
- Fargher, N, Sidhu, B, Tarca, A et al. 2019, 'Accounting for financial instruments with characteristics of debt and equity: finding a way forward', Accounting & Finance, vol. 59, no. 1, pp. 7-58pp.
- Lee, G & Fargher, N 2018, 'The role of the audit committee in their oversight of whistle-blowing', Auditing: A Journal of Practice and Theory, vol. 37, no. 1, pp. 167-189.
- Fargher, N, Jiang, A & Yu, Y 2018, 'Further Evidence on the Effect of Regulation on the Exit of Small Auditors from the Audit Market and Resulting Audit Quality', Auditing: A Journal of Practice and Theory, vol. 37, no. 4, pp. 95-115.
- Carson, E, Zhang, Y & Fargher, N 2016, 'Trends in Auditor Reporting in Australia: A Synthesis and Opportunities for Research', Australian Accounting Review, vol. 26, no. 3, pp. 226-242.
- Dang, C, Fargher, N & Lee, G 2016, 'Audit Quality for US-listed Chinese Companies', International Journal of Auditing, vol. 21: 150-163.
- Wang, I & Fargher, N 2015, 'The Effects of Tone at the Top and Coordination with External Auditors on Internal Auditors' Fraud Risk Assessments', Accounting & Finance, vol. -, no. -, pp. 1-26.
- Curtis, A & Fargher, N 2014, 'Does Short Selling Amplify Price Declines or Align Stocks with Their Fundamental Values?', Management Science, vol. 60, no. 9, pp. 2324-2340.
- Fargher, N, Jiang, A & Yu, Y 2014, 'How do auditors perceive CEO's risk-taking incentives?', Accounting and Finance, vol. 54, no. 4, pp. 1157-1181.
- Fargher, N & Zhang, J 2014, 'Changes in the measurement of fair value: Implications for accounting earnings', Accounting Forum, vol. 38, no. 3, pp. 184-199.
- Chugh, S, Fargher, N & Wright, S 2014, 'Cross-listing as a Global Depository Receipt: The influence of emerging markets, regulation, and accounting regime', Journal of Contemporary Accounting and Economics, vol. 10, no. 3, pp. 262-276.
- Fukofuka, P, Fargher, N & Wang, Z 2014, 'The influence of sunk costs, personal responsibility and culture on the tendency of accountants to facilitate escalation of commitment', Pacific Accounting Review, vol. 26, no. 3, pp. 374-391.
- Carson, E, Zhang, Y & Fargher, N 2014, Audit Reports In Australia 2005 to 2013: Preliminary Findings. CPA Australia.
- Carson, E, Fargher, N, Geiger, M et al 2013, 'Audit reporting for going-concern uncertainty: A research synthesis', Auditing: A Journal of Practice and Theory, vol. 32, no. SUPPL.1, pp. 353-384.
- Lee, Y & Fargher, N 2012, 'Companies Use of Whistle-Blowing to Detect Fraud: An Examination of Corporate Whistle-blowing Policies', Journal of Business Ethics, vol. online.
- Xu, Y, Carson, E, Fargher, N, and A. Jiang, "Auditor responses to changes in business risk: The impact of the Global Financial Crisis on auditors' behaviour in Australia", Accounting and Finance, vol. 53, no. 1: 301-338.
- Altman, E, Fargher, N & Kalotay, E 2011, 'A simple empirical model of equity-implied probabilities of default', Journal of Fixed Income, vol. 20, no. 3, pp. 71-85.
- Xu, Y, Jiang, A, Fargher, N et al 2011, 'Audit Reports in Australia during the Global Financial Crisis', Australian Accounting Review, vol. 21, no. 1, pp. 22-31.
- Fargher, N 2010, 'Business', in Gabriele Bammer (ed.), Dealing with Uncertainties in Policing Serious Crime, ANU ePress, Canberra, pp. 127-137.
- Fargher, N, Wu, H & Wright, S 2010, 'Accounting for investments and the relevance of losses to firm value', The International Journal of Accounting, vol. 45, no. 1, pp. 104-127.
- Fargher, N & Jiang, A 2009, 'Changes in the audit environment and auditors' propensity to issue going-concern opinions', Auditing: A Journal of Practice and Theory, vol. 27, no. 2, pp. 55-77.
- Fargher, N & Weigand, R 2009, 'Cross-sectional differences in the profits, returns and risks of firms initiating dividends', International Journal of Managerial Finance, vol. 35, no. 6, pp. 509-350.
- Fargher, N, Lee, H & Mande, V 2008, 'The effect of audit partner tenure on client managers' accounting discretion', Managerial Auditing Journal, vol. 23, no. 2, pp. 161-186.
- Chugh, S & Fargher, N 2008, 'Does accounting choice influence US investment in non-US companies? Evidence from US institutional investment in Australian companies', Accounting and Finance, vol. 48, no. 1, pp. 99-121.
- Fargher, N & Carson, E 2007, 'A note on audit fee premiums to client size and industry specialization', Accounting and Finance, vol. 47, pp. 423-446.
- Ryken, K, Radich, R & Fargher, N 2007, 'Audit Partner Rotation: Evidence of Changes in Audit Partner Tenure as the result of Mandatory Regulation in Australia', Current Issues in Auditing, vol. 1, pp. A28-A35.
- Wu, H & Fargher, N 2007, 'Components of accruals, losses and future profitability', Accounting Research Journal, vol. 20, no. 2, pp. 96-110.
- Fargher, N & Gramling, A 2005, 'Toward Improved Internal Controls: Early Remediation Actions Disclosed', The CPA Journal, vol. June 2005, pp. 26-29.
- Fargher, N, Mayorga, D & Trotman, K 2005, 'A Field-Based Analysis of Audit Workpaper Review', Auditing: A Journal of Practice and Theory, vol. 24, no. 2, pp. 85-110.
- Fargher, N, Mayhew, B & Wilkins, M 2005, 'The pricing of assurance risk in secondary equity offerings', Journal of Accounting Auditing and Finance (JAAF), vol. 20, no. 3, pp. 187-207.
- Carson, E, Fargher, N, Simon, D et al 2004, 'Audit fees and market segmentation - further evidence on how client size matters within the context of audit fee models', International Journal of Auditing, vol. 8, pp. 79-91.
- Ke, F, Pham, T & Fargher, N 2004, 'The relevance to firm valuation of capitalized research and development expenditures', Australian Accounting Review, vol. 14, no. 3, pp. 72-76.
- Fargher, N & Gramling, A 2003, 'The influence of attestation on users' perceptions of assertion credibility in the asset management industry', International Journal of Auditing, vol. 7, no. 1, pp. 87-100.