Government Contracts and Audit Fees
Topics concerning government contracts have recently attracted much attention from researchers and the public because of the U.S. government’s significant spending on goods and services. In this study, we investigate whether audit fees are associated with audit clients’ government contracts. We find that firms with a higher proportion of government sales to total sales pay higher audit fees than other firms. Our further analysis shows the audit premium is driven mainly by the federal government and local government contracts. We also show that local government contracts have a larger effect than federal government contracts on the determination of audit fees. Taken together, our findings enhance our understanding of a potential determinant of audit fees and imply that auditors may view firms with and without government contracts differently
Year of publication: |
2022
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Authors: | Dao, Mai ; Pham, Trung ; Xu, Hongkang |
Publisher: |
[S.l.] : SSRN |
Subject: | Honorar | Fee (Remuneration) | Wirtschaftsprüfung | Financial audit | Gebühr | Charges | Corporate Governance | Corporate governance |
Description of contents: | Abstract [papers.ssrn.com] |
Saved in:
Extent: | 1 Online-Ressource |
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Type of publication: | Book / Working Paper |
Language: | English |
Notes: | In: International Journal of Auditing Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments November 1, 2022 erstellt Volltext nicht verfügbar |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014236248
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