本研究檢測董監事暨重要職員責任保險與審計公費之關連性,並進一步檢測,保險金額高低是否影響審計公費之高低。本文實證結果發現,已投保董監事暨重要職員責任保險之公司具有較高之審計公費,且董監事暨重要職員責任保險之保險金額亦與審計公費呈現正向相關;然而就已投保董監事暨重要職員責任保險之公司而言,投保金額並不會影響會計師收取審計公費高低。上述結果顯示會計師在決定審計公費時,會將董監事責任險納入審計風險之評估中,然而,若公司已投保董監事責任險,其保險金額之高低對於會計師評估公司審計風險之水準則無影響。本研究為首次探討台灣上市櫃公司購買董監事責任險與審計公費之關連性,期望本研究之實證結果能作為未來審計公費相關研究之參考。
Focusing on Taiwan listed companies, this paper aims to investigate the association between D&O liability insurance and audit fees. The results show that companies with D&O liability insurance have higher audit fees, indicating that auditors price their audit service based on the audit risk. However, we find no evidence between the level of D&O liability insurance and audit fees, suggesting that the audit risk for auditors might not be mitigated by D&O liability insurance.