Andrew R. Kitto
Assistant Professor
Professor Kitto’s research interests lie at the intersection of empirical accounting, economics and the public accounting profession, including issues such as audit firm mergers, and the impact of regulation, market structure and audit market competition. His research has been published in the Journal of Accounting and Economics, Journal of Accounting Research, and The Accounting Review. His papers have been presented at a variety of conferences, including the PCAOB/Management Science Registered Reports Conference, the PCAOB/The Accounting Review Conference on Auditing and Capital Markets, and the International Symposium on Audit Research. Andrew has served as an Economic Research Fellow at the PCAOB and on the Editorial Board of The Accounting Review. Prior to joining Isenberg’s faculty, he taught at the University of Washington as a Visiting Assistant Professor. He received his PhD in accounting from the University of Florida, and an MS in accounting and a BS in management from Boston College.
Education
Academic Appointments
Recent Honors / Awards
Research Interests
Teaching Interests
- Auditing
- Assurance Services
- Archival Research in Accounting
- Directed Readings in Accounting
Selected Working Papers/Current Research
“How do Auditors Respond to Litigation Risk? Evidence from U.S. Supreme Court Rulings” with Colleen Honigsberg, Matthew Sherwood, and Wei Zhang.
“Audit Partner Internal Labor Market Consequences for Negative PCAOB and Internal Inspection Results” with Daniel Aobdia, Matthew Ege, and Jennifer Puccia.
Media, Industry, and Public Impact
Cited by the SEC and PCAOB in the rulemaking releases for the Firm and Engagement Metrics standard (SEC Release No. 34-101724; PCAOB Release Nos. 2024-002, 2024-012)
Cited by the SEC and PCAOB in the rulemaking releases for Firm Reporting rules (SEC Release No. 34-101723; PCAOB Release Nos. 2024-003, 2024-013)
Quoted in Wall Street Journal article, “Lack of Crypto Audit Regulation Raises Questions About PCAOB Authority.” February 17, 2023.
Interviewed for Journal of Accountancy article, “How an academic fellowship can boost your career.” March 9, 2021.
Professional Links
- Google Scholar: https://scholar.google.com/citations?user=q7zf9wsAAAAJ&hl=en
- SSRN: https://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=1894620
- LinkedIn: https://www.linkedin.com/in/andrew-kitto-7821b035
- ORCID: https://orcid.org/0000-0003-2037-3149
Selected Publications
Kitto, A., and Williams, D. (2026). “The Economics of Audit Competition and Audit Fees” In D. Hay, W.R. Knechel, and M. Willekens (Eds.), Routledge Handbook on Auditing (pp. 44-56). Routledge
Ciconte, W., and Kitto, A. (2026), Profit Persistence in the U.S. Audit Market. Journal of Accounting Research, 64 (2): 633-679.
Downey, D., Kitto, A., and Bedard, J. C. (2026). The Economics of US Multinational Group Audits: Evidence from PCAOB Data. The Accounting Review, 101 (4): 203-230.
Kitto, A. (2024). The Effects of Non-Big 4 Mergers on Audit Efficiency and Audit Market competition. Journal of Accounting and Economics, 77(1), 101618.
The Quality of Audit Firms Entering the Public Company Audit Market” with Phillip Lamoreaux and Devin Williams (Conditionally accepted at Contemporary Accounting Research)