...’ assessment of audit risk by examining audit outcomes. It shows that auditors charge higher fees and are more likely to make audit adjustments for companies whose accounting personnel have a lower level of education. The relationship between the education level of accounting personnel and audit fees (audit...

...Dean Hanlon; Mehdi Khedmati; Edwin KiaYang Lim SUMMARY This study investigates the impact of backscratching between the CEO and directors on a firm's future performance, financial reporting quality, and audit fees. We find that the presence and extent of boardroom backscratching are associated...

..., managers are more likely to misstate financial statements in the post-investment period due to pressure on their job security ( Bens, Goodman, and Neamtiu 2012 ). We find that firms under such investment-related pressure experience larger increases in audit fees and audit lags in the post-investment period...

...Charles P. Cullinan; Hui Du; Xiaochuan Zheng SUMMARY We consider the mathematical transformations used for assets of different valuation complexity in audit fee models. These mathematical transformations (such as logs and square roots) relate to the non-linear relationship between client size...

... to lead to improvements in audit efficiency and thus a general reduction in audit costs, and specifically a reduction in fees for smaller and less complex companies that were disproportionately affected by AS2. We investigate the impact of the change from AS2 to AS5 on audit fees. We restrict our analysis...