This paper examines the impact of audit and non-audit fees on firms’ ability to access finance by reducing their capital constraints. Unlike previous studies, which examined this phenomenon in developed economies, this paper focuses on one of the largest, albeit developing, economies in the...

In India, the government introduced mandatory audit firm rotation following calls to improve audit quality and auditor independence in the wake of the Satyam accounting scandal. The absence of strong institutional mechanisms to prevent and detect audit failure in a timely manner has led the...

The auditors play a significant role in promoting Corporate Governance System in a corporate entity. The auditors are appointed by shareholders at the general body meeting and their fee is also decided by the shareholders. Fee of auditors generally depends upon their reputation, market trends,...