Auditors' perceived business risk and audit fees: Analysis and evidence

被引：428

作者：

Bell, TB ^{[1
]}

Landsman, WR ^{[1
]}

Shackelford, DA ^{[1
]}

机构：

[1] Univ N Carolina, Chapel Hill, NC 27515 USA

来源：

JOURNAL OF ACCOUNTING RESEARCH | 2001年 / 39卷 / 01期

关键词：

D O I：

10.1111/1475-679X.00002

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This study analyzes the relation between auditors' perceived business risk and audit fees to determine whether audit firms or their clients bear the expected legal costs of business risk. We predict that hourly audit fees and the number of audit hours are increasing in business risk. Using confidential survey data collected by a large international accounting firm for 422 audits, we find that high business risk increases the number of audit hours, but not the fee per hour. This implies that firms perceive firm-level differences in business risk and obtain compensation through billing additional hours, not by raising the hourly charge.

引用

页码：35 / 43

页数：9