The value of auditing, audit independence, and audit pricing: a review of empirical evidence from China

2021 ◽  
pp. 1-37
Author(s):  
Liansheng Wu ◽  
Jason Zezhong Xiao
Keyword(s):  
Empirical Evidence ◽  
Audit Pricing ◽  
Audit Independence

The Cost of Compliance to Sarbanes-Oxley: An Examination of the Real Estate Investment Industry

2013 ◽  
Vol 33 (1) ◽  
pp. 177-186 ◽  
Author(s):  
Wayne H. Shaw ◽  
William D. Terando
Keyword(s):  
Internal Control ◽  
Section 404 ◽  
Audit Pricing ◽  
Industrial Firms ◽  
The Real Estate ◽  
Sarbanes Oxley ◽  
Foreign Operations ◽  
Dichotomous Variables ◽  
The Cost ◽  
Audit Independence

SUMMARY Studies documenting the increased audit cost of the Sarbanes-Oxley Act of 2002 have focused on large cross industry samples of industrial firms. To control for differences in industry and business complexities such as foreign operations or segments, these studies have relied on various dichotomous variables. In addition, the studies have either focused on the cost of Section 404 related to internal control testing or assumed that the increases in audit pricing occurred in 2002 when the law was enacted. By focusing on one industry (REITS), we find that dummy variables may not adequately capture the effect of complexity in an industry. We also show that considering within-industry variations in audit pricing leads to the conclusion that the increase due to SOX is actually lower than previously thought. Finally, by structuring the tests to measure separately for the costs of the audit independence provisions and the internal control provisions, we find that the costs of SOX were much greater than that shown in prior studies, resulting in a 200 percent increase in SOX related costs to REITs with about 75 percent of that increase related to Section 404.

scholarly journals The Effects of Internal Audit, Audit Committee and Firm Characteristics on Audit Fees in a Multi-Country and Industry Setting

2021 ◽  
Vol 11 (2) ◽  
pp. 25-35
Author(s):  
Prem Lal Joshi ◽  
Ashutosh Deshmukh ◽  
Jamel Azibi
Keyword(s):  
Audit Committee ◽  
Internal Audit ◽  
Audit Fees ◽  
Firm Characteristics ◽  
Audit Pricing ◽  
Financial Expertise ◽  
Prior Literature ◽  
Foreign Operations ◽  
Audit Independence ◽  
Positive Effect

This paper examines the association between audit fees and attributes of internal audit (IA), audit committee (AC), as measured by independence and financial expertise, as well as characteristics of the firm. The determinants of audit fees have been extensively investigated in the prior literature, but the results are conflicting. We develop a comprehensive model from a multi-country and multi-industry perspective. A total of 3,136 companies covering a period of 10 years (2011-2020) with 15,247 observations from 55 countries were included in this study. We found that the most critical variables that have a significant positive effect on the audit fees are client size, leverage (risk), profitability, complexity, losses, AC independence, AC expertise and auditor size. The study also shows that audit pricing is significantly negatively related to foreign operations, auditor tenure, and internal audit independence. The results highlight variables that affect audit fees across a range of countries/industries.

An Empirical Evidence of Audit Firm Merger and Audit Pricing in Malaysia

2007 ◽  
Vol 5 (1) ◽  
pp. 1-19 ◽  
Author(s):  
Hilwani Hariri ◽  
Norshimah Abdul Rahman ◽  
Ayoib Che Ahmad
Keyword(s):  
Empirical Evidence ◽  
Audit Pricing ◽  
Audit Firm

scholarly journals Importance of country factors for global differences in audit pricing: New empirical evidence

2021 ◽  
Author(s):  
Brigitte Eierle ◽  
Sven Hartlieb ◽  
David C. Hay ◽  
Lasse Niemi ◽  
Hannu Ojala
Keyword(s):  
Empirical Evidence ◽  
Audit Pricing ◽  
Country Factors

Challenges to the social motivation theory of autism: The dangers of counteracting an imprecise theory with even more imprecision

2019 ◽  
Vol 42 ◽  
Author(s):  
Mirko Uljarević ◽  
Giacomo Vivanti ◽  
Susan R. Leekam ◽  
Antonio Y. Hardan
Keyword(s):  
Empirical Evidence ◽  
Social Motivation ◽  
Motivation Theory ◽  
The Social

Abstract The arguments offered by Jaswal & Akhtar to counter the social motivation theory (SMT) do not appear to be directly related to the SMT tenets and predictions, seem to not be empirically testable, and are inconsistent with empirical evidence. To evaluate the merits and shortcomings of the SMT and identify scientifically testable alternatives, advances are needed on the conceptualization and operationalization of social motivation across diagnostic boundaries.

Integrating perspectives: How the development of second-personal competence lays the foundation for a second-personal morality

2020 ◽  
Vol 43 ◽  
Author(s):  
John Corbit ◽  
Chris Moore
Keyword(s):  
Empirical Evidence ◽  
Developmental Process ◽  
Focal Point ◽  
Personal Information ◽  
Personal Competence ◽  
Triadic Interactions ◽  
Personal Morality ◽  
Integrative Process

Abstract The integration of first-, second-, and third-personal information within joint intentional collaboration provides the foundation for broad-based second-personal morality. We offer two additions to this framework: a description of the developmental process through which second-personal competence emerges from early triadic interactions, and empirical evidence that collaboration with a concrete goal may provide an essential focal point for this integrative process.

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