... regulatory enforcement, on the audit fees imposed on U.S.-listed foreign firms. Using the different times of countries’ entry into the MMoU as a staggered shock, we find that after a foreign country enters the MMoU, the audit fees for its U.S.-listed firms increase to a greater extent than those for either...

...Karel Hrazdil; Jiyuan Li; Ray Zhang ABSTRACT We examine the impact of negative news coverage about firm-specific climate change-related incidents on audit fees. Using a dataset of publicly traded firms, both U.S. and non-U.S., from 2000 to 2018, we find that audit fees for companies experiencing...

... perceived audit quality only if the audit firm sets audit fees internally. Moreover, a statutory fee schedule only increases perceptions of audit quality in the case of a simultaneous provision of audit services and NAS. Consequently, instead of full-banning NAS, an alternative approach would...

.... In Ghana, the digitalization may be done by scanning documents and uploading them to a shared drive or by using a Shared Service Center (SSC). Second, we find an increase in audit fees over time as inflation increased during the pandemic. Finally, as the pandemic progressed, a shortage of audit staff...

... of both signing auditors and find that expert signing auditors charge higher audit fees and provide higher quality audits. We also explore the role of fee premiums on the expertise-quality association and find that the positive expertise-quality association is moderated by fee premiums charged...

... of KAMs on audit fees and financial reporting quality. Using public companies listed on the Main Board of the Hong Kong Stock Exchange as the treatment group and the companies listed on the Shanghai and Shenzhen Main Board Stock Exchanges as the control group, pre-post and difference-in-differences...

... annual audits. mandatory audit firm rotation auditor change audit quality discretionary accruals abnormal working capital accruals total accruals earnings management audit report lag audit fees Prior literature proposes additional advantages of a rotation system. First, mandatory audit...

...Li Chen; Fang Hu; Ananya Krishnan; Lina Z Li ABSTRACT We examine whether a firm's business strategy is associated with financial reporting violations and audit fees in an emerging market setting. We follow the typology of Miles and Snow (1978 , 2003 ) that describes a strategy continuum...

... liabilities in the Japanese audit market. We use a pre-Statement No. 26 versus post-Statement No. 26 setting to analyze whether and how disclosed versus recognized pension information affects audit fees and costs. We show that disclosed pension liabilities are processed similarly to recognized previously off...

... on perceptions of auditor competence and independence and finds that participants appear to be indifferent to whether rotation is at the firm or partner level; they only react to concurrent changes in audit fees and the industry specialization status of the new auditor. Specifically, participants assess auditor...

... are robust to two-stage regression analysis, propensity score matching, and alternative measures of earnings quality. We use three-stage regression modeling to address the issue of the joint effects of ICFR and audit fees on accruals quality and the demand effect of corporate governance on audit fees. Using...

...) on audit pricing. We find that the elimination of this requirement decreases audit fees, and this fee decrease is less prominent when foreign cross-listed firms engage industry-specialist auditors. Our findings reinforce prior studies that found that managers of foreign cross-listed firms have a greater...

...Ahsan Habib; Haiyan Jiang; Donghua Zhou ABSTRACT This paper investigates the effect of related-party transactions (RPTs) on audit fees in China. RPTs may violate the arm's-length assumption of regular market-based transactions, impairing the representational faithfulness and verifiability...