In this paper, we examine how auditors respond in terms of audit fees, to cash holdings that are a growing concern in corporate America. Holding everything else constant, we find that cash holdings are positively related to audit fees, reflecting that auditors' react to the level of firms' cash...

The existence of an appropriate tax risk management framework is vital to the financial and reputation and business well being any business organizations, especially those with public accountability. In this paper, we present a step-by step overview of tax risk management framework with examples...