Wu, Xi; Wang, Xueqin; Yang, Yulong - In: China journal of accounting research : CJAR 11 (2018) 4, pp. 351-366
The theory of audit pricing suggests that audit fees are positively associated with areas of higher inherent risk … and audit fees. However, most Chinese studies have reported a significant negative association. This study finds that this …, which helps explain the puzzling negative association between inventory and audit fees in China. …