Wu, Xi; Wang, Xueqin; Yang, Yulong - In: China journal of accounting research : CJAR 11 (2018) 4, pp. 351-366
, which helps explain the puzzling negative association between inventory and audit fees in China. …. Inventory is commonly cited as one such area, and many Western studies have reported a positive association between inventory … puzzling association is attributable to Chinese auditors charging a significant discount on the opening balance of inventory …