Journal article
Auditor career concerns, audit fees and audit quality
Asia-Pacific journal of accounting & economics, v ahead-of-print(ahead-of-print)
04 Jul 2021
Abstract
This study examines how engagement signing auditors' career concerns affect audit fees and audit quality. Based on a sample of listed companies in China, we find that audit fees and audit quality are lower for firms audited by auditors in their early years of being signing auditors. Moreover, we find that the results are more pronounced for signing auditors in local Chinese audit firms than those in Big 4. These results may be attributed to differential quality control mechanism and incentive systems. Our results have implications for regulators and audit firms in formulating standards and guidelines on monitoring newly promoted signing auditors.
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Details
- Title
- Auditor career concerns, audit fees and audit quality
- Creators
- Hsihui Chang - Drexel UniversityJunxiong Fang - Zhejiang University of Finance and EconomicsPhyllis Lai Lan Mo - Department of Accountancy
- Publication Details
- Asia-Pacific journal of accounting & economics, v ahead-of-print(ahead-of-print)
- Publisher
- Taylor & Francis
- Number of pages
- 26
- Grant note
- 71072003; 71372119 / National Natural Science Foundation of China; National Natural Science Foundation of China (NSFC)
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Accounting
- Web of Science ID
- WOS:000669129600001
- Scopus ID
- 2-s2.0-85109263914
- Other Identifier
- 991019169110304721
InCites Highlights
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- Collaboration types
- Domestic collaboration
- International collaboration
- Web of Science research areas
- Business, Finance
- Economics