This determination of this study to find the association between audit expense, and the significance of the relationship in an emerging economy. Whereas, audit quality is associated with audit expense of a company. The regression model used here taken from (Simunic, 1980). This study is based on five different hypothesis. Descriptive statistics, multiple linear regression, correlation analyses are used for describing the results. For reflecting the proper findings, 23 companies from IT, cement and ceramic sectors are chosen here as sample. Some companies are taken from miscellaneous companies from Dhaka Stock Exchange (DSE). The findings imitates that audit expense is highly dependent on the company size, accounting firm's type, equity-debt ratio. Company size and accounting firm's type are positively significant where equity-debt ratio is negatively significant. Whereas, audit expense also depends on the date of report making. Therefore, big companies need to be concerned about their audit quality, as audit quality could be hampered because of overgenerous compensation. Practical. This outcome will help the stakeholders of the company to judge about the reason of fluctuating audit expense, and probable recommendation as well. Value-The originality of this study to define the fluctuations of audit expense in diverse ways, and find the probable reason of the fluctuations. This paper will help stakeholders to find the probable causes of fluctuating audit quality. Contribution/Originality: This study is one of the very few studies, which have investigated the effect of corporate governance and profitability variables on audit expense and quality. This paper contributes the first logical analysis for stakeholders to understand, elucidate and control the audit quality by the practical recommendations of this paper. 1. INTRODUCTION Auditing has always been making progress from a timely basis inspection of the books of accounts in a mannerly way to accomplish the governance process of companies. It is not only about scrutinizing an entity's financial and non-financial documents but disclosures them. In Bangladesh, mostly all the companies are bound to do auditing for evolving into a better position among other companies and only Public Certified accountants who are known as Chartered Accountants (CA) in Bangladesh can audit any company.

The motive of this paper is to review the articles and research papers regarding the adoption of target costing in different sectors and examines several findings and gaps in the existing literature. This paper reviews existing literature from some renowned journals, official associations and published researches from various timelines. Review of eighteen-journal paper related to target costing is included in this paper. Implication of target costing is the main point of the papers, which is included. Target costing is a popular concept, which is proved to bring better result if applied in the earlier design stages and if firms have a good coordination among their various departments. The papers mostly tested manufacturing firms and construction firms. The findings of the paper suggest that most of the companies do not consider any particular policy for target costing even though these are from same type of industries. Target costing related papers are hard to find in Bangladesh and this paper attempts to give an overall review on the major findings from its adoption. It discovers some gaps in the current existing literature and requires further researches on its application on various other industries.