審計費用與審計品質

Auditing Fees and Audit Quality

黃幼樺(YiuHua Huang)

指導教授 ： 夏侯欣榮

元智大學/管理學院/商學碩士班(財務金融學程)/碩士(2011年)

摘要

本研究探討審計費用與審計品質之間的關係，我用分析師預測誤差與預測離散程度兩個變數來衡量審計品質。有兩個議題，第一，因為其它費用（或稱非審計費用）會受到公司及其審核公司的操縱，其它費用與審計品質之間為負關係。我的結果為預測誤差與其它費用之間為正相關。這與我的假說一致。然而，預測離散程度的結果卻不顯著。第二，因為有長期關係的審核公司對其客戶較友善，所以，當公司陷入危機時。他們會有較大的動機去操縱財務報表。因此，我預測更換審核公司會影響審計品質。我的實證結果顯示若更換審核公司可以改善審計品質。

關鍵字

其它費用 ； 審計費用 ； 非審計費用 ； 審計品質 ； 更換審計公司

並列摘要

This study focuses on the effect of auditing fees on audit quality. I use two variables, analyst forecast error and forecast dispersion, to measure audit quality. There are two issues. First, because other fees (or called non-auditing fees) can be manipulated by the companies and their auditors, other fees are negatively associated with the audit quality. My results suggest that forecast error is positively correlated to other fees. It is consistent with my hypothesis. However, the results from forecast dispersion are insignificant. Second, since the persistent auditors will be friendly with client, they have incentive to manipulate financial reporting when the company is in trouble. Thus, I predict that the changes in auditors will affect the audit quality. My empirical results show that the audit quality can be improved after auditors are removed.

並列關鍵字

changing auditor ； Other fees ； auditing fees ； non-auditing fees ； audit quality

參考文獻

Basioudis, I.G., E. P. Basioudis and M. A. Geiger, 2008. Audit Fees, Non-Audit Fees and Auditor Going-Concern Reporting Decisions In The United Kingdom. ABACUS 44, 284-309.

Behn, B. K., J.-H. Choi and T. Kang, 2008. Audit Quality and Properties of Analyst Earnings Forecasts. The Accounting Review 83, 327-349.

Callaghan, J., M. Parkash and R. Singhal, 2009. Going-Concern Audit Opinions And The Provision of Nonaudit Services: Implications for Auditor Independence of Bankrupt Firms. Auditing 28, 153-169.

Choi, J.-H. and T. J. Wong, 2007. Auditors' Governance Functions and Legal Environments: An International Investigation. Contemporary Accounting Research 24, 13-46.

DeFond, M. L., 2010. How Should The Auditors be Audited? Comparing the PCAOB Inspections with the AICPA Peer Reviews. Journal of Accounting and Economics 49, 104-108.