کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
1004359 1481887 2010 20 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Abnormal Audit Fees and Audit Opinion – Further Evidence from China's Capital Market
کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری حسابداری
پیش نمایش صفحه اول مقاله
Abnormal Audit Fees and Audit Opinion – Further Evidence from China's Capital Market
چکیده انگلیسی

The existing literature on audit opinion shopping provides inconsistent evidence on whether such shopping has any association with abnormal audit fees. In this paper, we hypothesize that firms engage in audit opinion shopping and pay an abnormal audit fee only when their degree of accounting quality is low. To examine the issue, we group firms on the basis of their change in return on assets (ROA), and show that abnormal audit fees improve audit opinions only among firms that engage local auditors and have a low degree of ROA, but report a large increase in ROA, especially when the ROA change is the result of abnormal accruals. We find no association between abnormal audit fees and audit opinion improvement for other firms.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: China Journal of Accounting Research - Volume 3, June 2010, Pages 51–70
نویسندگان
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