skip to content
The association between audit fees and reported earnings quality in pre- and post-Sarbanes-Oxley regimes
ClosePreview this item
Checking...

The association between audit fees and reported earnings quality in pre- and post-Sarbanes-Oxley regimes

Author: Santanu Mitra; Donald R Deis; Mahmud Hossain
Publisher: Emerald Group Publishing Limited
Edition/Format: Article Article : English
Publication:Review of Accounting and Finance, 8, no. 3 (2009): 232-252
Database:ArticleFirst
Other Databases: British Library Serials
Rating:

based on 1 rating(s) 1 with a review

More like this

 

&AllPage.SpinnerRetrieving;

Find a copy online

Links to this journal/publication

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Document Type: Article
All Authors / Contributors: Santanu Mitra; Donald R Deis; Mahmud Hossain
ISSN:1475-7702
Language Note: English
Unique Identifier: 439889449
Awards:

Reviews

User-contributed reviews

WorldCat User Reviews (1)

(www.salgskonorway.com)Parajumpers Jakke

by salgskonorway (WorldCat user published 2012-10-05) Excellent Permalink

<a href="http://www.salgskonorway.com/parajumpers-jakke-parajumpers-jakke-man-c-112_113.html">http://www.salgskonorway.com/parajumpers-jakke-parajumpers-jakke-man-c-112_113.html</a>

<a href="http://www.salgskonorway.com/parajumpers-jakke-parajumpers-jakke-kvinner-c-112_114.html">http://www.salgskonorway.com/parajumpers-jakke-parajumpers-jakke-kvinner-c-112_114.html</a>...
Read more...  Read more...

  • Was this review helpful to you?
  •   
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

All user tags (3)

View most popular tags as: tag list | tag cloud

Similar Items

User lists with this item (3)

Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


<http://www.worldcat.org/oclc/439889449>
library:oclcnum"439889449"
owl:sameAs<info:oclcnum/439889449>
rdf:typeschema:Article
schema:contributor
schema:contributor
schema:creator
schema:datePublished"2009-08-07"
schema:description"Purpose The purpose of this paper is to examine the empirical association between expected and unexpected audit fees and reported earnings quality for a sample of Big 4(5) client companies over a period from 2000 to 2005. Design/methodology/approach The paper employs a cross-sectional multiple regression model for a sample of 1,142 firms (6,852 firm-years) covering a time period of six years comprising 2000 to 2005 to evaluate the relationship between both expected and unexpected audit fees and performance-adjusted discretionary accruals that are estimated from the extended version of the modified Jones model. Findings The paper finds that both expected and unexpected audit fees are associated with an increase in earnings quality, as indicated by the reduction of both absolute and signed discretionary accrual adjustments. Furthermore, in some analyses these associations are found to persist into the post-Sarbanes-Oxley Act (SOX) period. The main results hold in sensitivity tests that involve using both the absolute and signed unexpected audit fees as independent variables and in tests that use both the absolute and signed current accruals as dependent variables of interest. Research limitations/implications The results suggest that audit efforts consistent with client-specific business attributes and reflected in expected audit fees mitigate financial reporting biases, the effect of which is incrementally observable to some extent in the post-SOX period as well. Unexpected audit fees, a proxy for fee surprise arising out of auditor-client-specific contractual situations, are also associated with an increase in earnings quality. The association is, in some analyses, significant for the post-SOX years. The test results do not exhibit any evidence of auditor independence problems associated with high expected and unexpected audit fees; a result that supports the "reputation protection" argument for auditors' reporting decisions. Originality/value In a time period surrounding the introduction of SOX when nonaudit consulting services have severely been restricted, and the audit fee growth for publicly traded companies have been dramatic, an analysis of this nature potentially produces valuable insights into the auditors' fee decision, audit efforts, and auditor independence issue. The study looks into a new perspective concerning the relationship between audit fees and financial reporting practice over the two regulatory regimes, pre- and post-SOX."
schema:exampleOfWork<http://worldcat.org/entity/work/id/317284692>
schema:inLanguage"en"
schema:isPartOf
schema:name"The association between audit fees and reported earnings quality in pre- and post-Sarbanes-Oxley regimes"
schema:pageStart"232"
schema:publisher
schema:url

Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.