Determinants of Audit Fees : Evidence from UK Alternative Investment Market

Mohammed, Nishtiman H.; Saeed, Abdullah

doi:10.25007/ajnu.v7n3a198

Cited by 12 publications

(7 citation statements)

References 51 publications

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“…The meaning of positive relationship means that when the reputation of KAP increases, the Audit Lag will increase and when the reputation of the KAP decreases, the Audit Lag will decrease (Mohammed & Saeed, 2018;Rezaei et al, 2018;Ocak, 2018 andZhang, 2018). This can be interpreted that the company LQ 45 audited by KAP the big four in this study has Audit Lag that almost the same length with the company LQ 45 audited by KAP non big four.…”

Section: The Effect Of Reputation Of the Public Accounting Firm To Aumentioning

confidence: 56%

Audit Lag Criteria Report as a Determination of the Reliability and Quality of Auditor's Report in Indonesia

Muda¹,

Davis²,

Erlina³

et al. 2020

RWE

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This paperaims to knowthe quality indicatorsof the financial statements which consist of profitability, solvency and reputation of Registered Public Accountant (KAP)to the audit lagwith company size as a moderation variable either partially or simultaneously in LQ45 companies. This research is a comparative causal research with ex post facto approach. Purposive sampling technique is used in this research and there are 18 samples collected by this technique from LQ45 in Indonesia Company Issueryear 2010-2016. The data analyzed research is 126. Data analysis technique used Moderated Regression Analysis (MRA) with the Application ofEviews Software. The study concluded thatstudy showed that solvency, reputation of the public accounting firm and company size had a significant effect on Audit Lag, while profitability had no significant effect on Audit Lag. The size of a company able to moderate the effect of independent variablesto the Audit Lag and not haveto moderate the effect of the profitability to the Audit Lag.

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Section: The Effect Of Reputation Of the Public Accounting Firm To Aumentioning

confidence: 56%

Audit Lag Criteria Report as a Determination of the Reliability and Quality of Auditor's Report in Indonesia

Muda¹,

Davis²,

Erlina³

et al. 2020

RWE

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“…Many other researchers have also studied about the Audit fee determinants as in the papers by (Chan, Ezzamel, & Gwilliam, 1993;Pong & Whittington, 1994;Joshi & Al-Bastaki, 2000;Pakravan, 2014;Mohammed & Saeed, 2018).…”

Section: Literature Reviewmentioning

confidence: 99%

Assessing audit fees: Turnover, inflation & minimum stipend rate

et al. 2021

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Auditing firms rely on audit fees to generate revenue. The audit fee is generally agreed upon by auditee and auditor. For the calculation of audit fees, no standard formula exists. Pakistan's regulatory body for audit firms ‘ICAP' has imposed certain cost constraints on audit firms. As per the literature, stipend rates have been used rarely to determine audit fees. As a result, this paper examines audit fee determination using variables such as the company's assets, turnover, current ratio, inflation, and minimum stipend rate. These variables are especially influential in a developing country such as Pakistan. To determine audit fees, a panel regression model is being de-veloped. We used data from 40 publicly traded companies from 2014 to 2017 to regress on our model. After extensive testing with the Hausman and F-tests, the fixed effect model is finally applied. Empirically, it was discov-ered that the current ratio, the entity's turnover, and the stipend amount all have a significant positive effect on the calculation of audit fees. T The study's findings have significant implications not only for audit firms, but also for auditees in determining audit fees.

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“…A review of the literature for audit quality by DeFond and Zhang (2014) proposes that agency conflicts are the most important driver for clients' to demand high audit quality. This indicates that firms suffering severe agency conflicts possess strong incentives to demand high audit quality (Mohammed & Saeed, 2018).…”

Section: Independent Variables: Client Firm Characteristics 321 Control-ownership Wedgementioning

confidence: 99%

Auditor Selection in Borsa Istanbul

Mustafa¹,

Saeed²,

Mohammed³

2018

AUDITF

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The objective of this study is to examine the effect of firms' characteristics and audit quality in Turkey. This study provides additional insights for audit quality literature by examining how firms characteristic effect on clients' incentives and abilities to demand high audit quality in Turkey. Turkey is one of the less developed and most under-researched capital markets in the world. This study used the data of 146 firms listed in Borsa Istanbul (BIST) over the period from 2011 to 2015. Using logistic regression, the findings explained that clients' incentives and abilities to demand high audit quality weaken because of control-ownership wedge, which an unfavourable outcome for minority shareholders. Thus, this study proposes that regulators, particularly the Capital Market Board of Turkey (CMBT), should increase law enforcement to enhance good corporate governance in Turkey to accommodate the unique features of wedge firms and provide a protected environment for minority shareholders.

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Determinants of Audit Fees : Evidence from UK Alternative Investment Market

Cited by 12 publications

References 51 publications

Audit Lag Criteria Report as a Determination of the Reliability and Quality of Auditor's Report in Indonesia

Audit Lag Criteria Report as a Determination of the Reliability and Quality of Auditor's Report in Indonesia

Assessing audit fees: Turnover, inflation & minimum stipend rate

Auditor Selection in Borsa Istanbul

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