We study whether managerial ownership and analyst coverage relate to audit fee. To the extent that these corporate governance factors relate to auditor assessment of the firm's agency costs and hence various risks the auditor must consider in the development of an audit program, they will affect...

We examine whether additional education requirements to enter the accounting profession lead to higher costs to clients. Using the 150-hour education requirement in the U.S. and the audit services market during the period 2000-2004 as the setting for our study, we find that corporations...

I examine the effects of changes in audit quality on changes in accrual quality and audit fees for a sample of companies who have switched audit engagement offices within the same audit firm. This setting allows me to research changes in audit quality while holding firm-specific factors which...

This study investigates whether the auditors incorporate the implications of potential litigation risks arising from their client firms' earnings management through real activities manipulations (REM). Using a large sample of US firms, I find that REM is significantly positively related to audit...

Based on a model developed in prior studies (e.g. Ogneva et al. 2007), we first use US data to predict the likelihood that a firm has material internal control weaknesses (ICW). We then show, using this model, that firms in the pre-SOX era, in UK and in Australia with a higher predicted...

Prior studies have explored whether there are differences in audit quality between Big 4 and non Big 4 audit firms in the private client segment. This study extends the research by investigating if, and possibly how, audit quality and audit pricing varies between a broader range of audit firms...

The objective of this paper is to examine the risk-related premiums of disclosed audit fees in the Austrian and German markets for audit services. The idea of the paper is to determine a risk-free, entity-specific audit fee. By comparing this fee with the disclosed audit fee, we determine...

We investigate the impact of three German audit market characteristics on audit and non-audit fees for the years 2005-2007. We find no relation between audit and non-audit fees, which suggests that audit and non-audit fee determination in Germany does not indicate any particular impairment of...

There are multiple studies investigating firm performance, in particular studies identifying firm characteristics that drive performance. On the other hand, research on the pricing of audit fees provides credible evidence that the financial condition of a client is a critical factor, in the...

Prior research has shown that direct and indirect incentives in the audit environment can influence auditor judgment. The auditing profession suggests that certain firm-level quality control structures can reduce the effect that potential environmental biases can have on judgment-based...