The Association between Audit Quality and Abnormal Audit Fees

• Main Authors: Choi, Jong-Hag, Kim, Jeong-Bon, ZANG, Yoonseok
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2006
• Subjects: Audit quality; Audit and non-audit services; Abnormal audit fees; Earnings management; Accounting; Business Law, Public Responsibility, and Ethics; Corporate Finance
• Online Access: https://ink.library.smu.edu.sg/soa_research/85; https://ink.library.smu.edu.sg/context/soa_research/article/1084/viewcontent/SSRN_id848067.pdf
• Institution: Singapore Management University

Using a sample of 9,820 firm-year observations over the 2000-2003 period, this paper examines whether, and how, audit quality proxied by unsigned discretionary accruals is associated with abnormal audit fees, i.e., actual audit fees in excess of expected, normal audit fees. The results of various re...