Excerpt from The Relation Between Auditors' Fees for Non-Audit Services and Earnings Quality
This paper provides empirical evidence on the relation between non-audit services and earnings quality. We test hypotheses concerning: (1) the association between a firm's purchase of non-audit services from its auditor and earnings management, and (2) the stock price reaction to the disclosure of non-audit fees. In the past decade there has been a dramatic increase in the proportion of fee revenue auditors derive from non-audit services, yet we know little about how non-audit services are related to earnings quality.1 Concern about the effect of non-audit services on the financial reporting process was a primary motivation for the Securities and Exchange Commission (sec) to issue revised auditor independence rules on November 15, 2000. The rules require firms to disclose the amount of all audit and non-audit fees paid to its auditor.
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Paperback. Zustand: New. Print on Demand. This book delves into the complex relationship between auditors' fees and a company's earnings quality. The author presents an in-depth analysis of how non-audit services rendered by auditors can impact a firm's financial reporting credibility. Drawing upon real-world examples, the book provides insights into the potential implications of non-audit services on a company's ability to meet earnings targets and manage its financial performance. The author's research also sheds light on the economic bonds between auditors and their clients, and how these bonds can influence audit quality. This book is a valuable addition to the understanding of auditor independence and its connection to a company's financial reporting practices, offering crucial information for investors, auditors, and corporate executives seeking to ensure the accuracy of financial information. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9780243589081_0
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9780243589081
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9780243589081
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