Manh Dung TranKhairil Faizal KhairiNur Hidayah Laili2024-05-282024-05-28201919/2/2020Tran, M.D., Khairi, K.F. and Laili, N.H. (2019), "A longitudinal study of audit quality differences among independent auditors", Journal of Economics and Development, Vol. 21 No. 2, pp. 234-246. https://doi.org/10.1108/JED-10-2019-00401859-0020420-2810.1108/JED-10-2019-0040https://www.emerald.com/insight/content/doi/10.1108/JED-10-2019-0040/full/htmlhttps://oarep.usim.edu.my/handle/123456789/5118Journal of Economics and Development Vol. 21 No. 2, 2019 pp. 234-246 Emerald Publishing Limited e-ISSN: 2632-5330 p-ISSN: 1859-0020 DOI 10.1108/JED-10-2019-0040Purpose The purpose of this paper is to investigate the differences of audit quality of financial statements among auditors, including Big 4 and non-Big 4 auditors. Design/methodology/approach By employing cross-sectional analysis of compliance (a proxy of audit quality) of goodwill impairment testing of listed firms in the context of Hong Kong, the variation of audit quality of financial statements of auditees has been shown. Findings Audit quality of Big 4 auditors is viewed to be higher than that of non-Big 4 audit firms and the homogeneity of audit quality among Big 4 auditors is not long accepted, but variation. Practical implications Even though unqualified opinions have been given on the auditors’ reports, the quality of financial statements audit is a skeptical issue because of the high level of non-compliance of goodwill impairment testing under International Financial Reporting Standards. Originality/value This study does emphasize the higher audit quality of financial statements of Big 4 auditors than that of non-Big 4 auditors and stresses the variation of audit quality among Big 4 auditors. Keywords: Hong Kong, Goodwill, Audit quality, HKAS 36enHong Kong,Goodwill,Audit quality,HKAS 36Article234246212