Fair Value Accounting Information、Audit Committee and Audit fees

• Main Authors: YANG,KUN-LIN, 楊昆霖
• Other Authors: WU,SHU-HSING
• Format: Others
• Language: zh-TW
• Published: 2016
• Online Access: http://ndltd.ncl.edu.tw/handle/vq6p26

碩士 === 長榮大學 === 經營管理研究所 === 104 === This study examines the association between audit fees and proportions of fair-valued assets, using publicly traded Taiwanese company data from 2007-2014. This study finds audit fees are negatively associated with the proportions of fair-valued assets. The negative association between the proportions of fair-value asset and audit fees that are fair-valued assets using Level 2 inputs is greater than its negative association with the proportions of fair-valued assets that is fair-valued using Level 1 and Level 3. In addition, audit fees are positively associated with the proportions of non-fair-valued assets. This study also finds that auditors charge less for firm with audit committee. Overall, the results suggest that greater use of fair-value measurement for non-financial assets and financial assets will decrease audit fees.