- 學位論文
審計公費、CEO及CFO財會專業之關聯性研究
The research of Relationships among Audit Fees, CEO and CFO Accounting Expertise
摘要
本研究以2003年至2012年之台灣企業公開發行公司的資料，探討CEO及CFO會計和財務的專業知識，是否影響會計師的審計公費。實證結果發現CFO是否具有會計專業與審計公費間並沒有顯著關聯性，表示CFO財會專業並不影響審計風險。本研究進一步檢測CEO的會計專業是否會影響財會專業CFO與審計公費之關聯性，研究結果在財會專業的CEO子樣本情況下，具有財會專業CFO之公司有較高的審計公費，而非財會專業CEO子樣本，有財會專業CFO具有較低的審計公費，顯示出CEO的財會專業對審計風險並無助益，與Feng et al.(2009)研究發現一致，財會專家CFO會從事盈餘管理，原因是來自於CEO的施壓。
並列摘要
Based on a sample of Taiwan listed firms from 2003 through 2012, this study investigates whether Chief Executive Officer (CEO) and Chief Financial Officer (CFO) with accounting expertise are associated with audit fees. The empirical results show that CFOs with accounting expertise are not significantly associated with audit fees, suggesting that CFOs with accounting expertise do not affect auditors’ risk assessments. This study further investigates whether CEOs’ accounting expertise affects the relationship between CFOs’ accounting and audit fees. The empirical findings show that there is significantly positive association between accounting specialized CFO and audit fees in the subsample of firms with accounting specialized CEO. However, there is significantly negative association between accounting specialized CFO and audit fees in the subsample of firms without accounting specialized CEO. The results are consistent with the findings in Feng et al.(2009) that CFOs may engage in earnings management for the pressure from the CEOs who are accounting specialists..