Panel A: Descriptive statistics for the key audit matter description paragraph | ||||||
Variable | N | Mean | Sd | Min | P50 | Max |
Length | 14,899 | 258.572 | 111.756 | 26 | 239 | 2881 |
Specificity1 | 14,899 | 33.210 | 21.354 | 0 | 30 | 477 |
Specificity2 | 14,899 | 0.134 | 0.071 | 0 | 0.126 | 0.610 |
Ind spec | 14,899 | 0.438 | 0.496 | 0 | 0 | 1 |
Panel B: Descriptive statistics for the key audit matter response paragraph | ||||||
Variable | N | mean | sd | min | p50 | max |
Length | 14,889 | 318.483 | 120.249 | 3 | 300 | 2592 |
Specificity1 | 14,889 | 15.726 | 9.366 | 0 | 14 | 244 |
Specificity2 | 14,889 | 0.050 | 0.024 | 0 | 0.046 | 0.406 |
Ind spec | 14,889 | 0.438 | 0.496 | 0 | 0 | 1 |
Panel C: General descriptive statistics of key audit matters | ||||||
variable | N | mean | sd | min | p50 | max |
Length | 14,899 | 577.055 | 185.016 | 149 | 548 | 4081 |
Specificity1 | 14,899 | 48.936 | 24.815 | 0 | 45 | 721 |
Specificity2 | 14,899 | 0.087 | 0.035 | 0 | 0.083 | 0.407 |
Ind spec | 14,899 | 0.438 | 0.496 | 0 | 0 | 1 |