Preeti Choudhary

Preeti Choudhary joined the Eller College of Management as associate professor in 2017. Her prior professional experience includes roles as a senior economic research fellow in the Office of Economic Risk and Analysis at the PCAOB, as an assistant professor at Georgetown University, as an IT auditor at Deloitte and Touche LLP in enterprise risk services and in internal audit at Graham Holdings Company. She is currently a member of the PCAOB Standards and Emerging Issues Advisory Group (SEIAG) and leader of the subcommittee on emerging issues. Her research interests include capital market effects of financial reporting, financial reporting reliability, materiality and audit quality. Her work has been published in many leading accounting journals and cited in regulatory rulemakings and comment letters. She is on the editorial board of The Accounting Review and the American Accounting Association Steering Committee. She earned her B.S. in commerce and M.S. in accounting from the University of Virginia and her Ph.D. from Duke University. 

Teaching Interests

• Financial Accounting

Recently Published Papers

• Ashraf, M, P. Choudhary, and J. Jaggi. 2024. “Audit Committee Oversight and Financial Reporting Reliability: Are Audit Committees Overloaded?” Management Science:1-34. (CII Podcast) 

• Aobdia, D., P. Choudhary, and N. Newberger. 2024. “The Economics of Audit Production: What Matters for Audit Quality - An Empirical Analysis of the Role of Mid-level Managers within the Audit Firm” Accounting Review, 99 (2): 1-29. (CII Podcast) 

• “The Costs of Waiving Audit Adjustments” Journal of Accounting Research, forthcoming with K. Merkley and K. Schipper. (Forbes Article)(CII Podcast)  

• “Direct Measures of Auditors’ Quantitative Materiality Judgments: Properties, Determinants and Consequences for Audit Characteristics and Financial Reporting Reliability” Journal of Accounting Research,  57(5): 1303-1350, 2019 (with K. Merkley and K. Schipper) (CII Podcast) (Columbia Law School blog) (Business Scholarship Podcast) (Awarded the Wildman Medal) 

• “Immaterial Error Corrections and Financial Reporting Reliability” Contemporary Accounting Research,38(4):2423-2460, 2021 (with Merkley, and K. Schipper) (December 5 2019 Wall Street Journal) 

Working Papers

• “The Economics of Audit Production: What Matters for Audit Quality - An Empirical Analysis of the Role of Mid-level Managers within the Audit Firm” with Daniel Aobdia and Noah Newberger, Penn State University and Public Company Accounting Oversight Board, 2021
• “Audit Committee Oversight and Financial reporting reliability: Are audit committees overloaded?” 2020 (with M. Ashraf and J. Jaggi) (Columbia Law School Blog)  
• “Why Do Auditors Fail to Report Material Weaknesses in Internal Controls? Evidence from the PCAOB Data,” Northwestern University and University of Texas at Dallas, 2020 (with D. Aobdia and G. Sadka)
• “The Impact of National Office Involvement on Audit Quality,” with Jade Chen, University of Arizona, 2020.
• "The Implications of IT Environment on the Audit and Financial Reporting Quality", with Jake Sigler and Vik Ramadas, Xavier University and Public Company Accounting Oversight Board, 2021.
• "Determinants and Consequenses of Management’s Reporting Materiality Descretion", with Jonathan Black and Ted Goodman, Purdue University and University of Arizona.
• "Does Verification of Internal Control over Financial Reporting Affect Voluntary Disclosure?", with Jade Chen, Aditi Khatri, and Shyam Sunder, University of Arizona, 2022.