The association between excess audit fees and audit quality: A US-UK comparison

• Main Authors: HAN, Soongsoo, KANG, Tony, YOO, Yong Keun
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2008
• Subjects: Business Law, Public Responsibility, and Ethics; Corporate Finance; Portfolio and Security Analysis
• Online Access: https://ink.library.smu.edu.sg/soa_research/1748; https://ink.library.smu.edu.sg/context/soa_research/article/2775/viewcontent/The_Association_between_Excess_Audit_Fees_and_Audit_Quality__A_US.pdf
• Institution: Singapore Management University

Prior studies that examine the association between excess audit fees and audit quality (measured by discretionary accruals) using US data fail to document a significant association. However, there is no convincing explanation for this result to date. In this study, we test a cancellation hypothesis,...