The Influence of Cancellation Audit Fee Floor on Accounting Firms Audit Fees

• Main Authors: Hsüan-Wei Hu, 胡軒維
• Other Authors: Bao-Guang Chang
• Format: Others
• Language: zh-TW
• Published: 2004
• Online Access: http://ndltd.ncl.edu.tw/handle/78009641439532142745

碩士 === 淡江大學 === 會計學系碩士班 === 94 === The past studies, which use the demand of audit market, have found that the cancellation of audit fee floor has caused the competition on audit market. It also caused the audit fee decreased. However, the result of using the supply of audit market doesn’t agree with the past empirical results. According to this viewpoint, this study combined the demand of audit market with audit fee, which used the supply of audit market. In this study, we tried to compare the past studies that the audit fee has decreased by examining the canceled the audit fee floor in Taiwan audit market. Furthermore, the audit fee can be combined with the Public Offering Assurances and the Financing Assurances and the Other Financial Assurances and Tax Assurances. We also tried to find the movement in different audit fees between the cancellations of audit fee floor. This study referenced the Professional Survey report, The Ministry of Finance, using the 81 to 92 years data. The empirical result shows that different kinds of total partnership accounting firms have different movements in different kinds of audit fees. It also finds that the results are not all the same with the past studies which finding the audit fees have declined between the cancellations of audit fee floor. We also find that audit fees are influenced by market power when the increasing market demand causes the audit fees do not drop.