dc.contributor.author |
Alexander, Deborah |
en |
dc.contributor.author |
Hay, DC |
en |
dc.coverage.spatial |
Gold Coast |
en |
dc.date.accessioned |
2012-04-03T03:32:08Z |
en |
dc.date.issued |
2007 |
en |
dc.identifier.citation |
Accounting & Finance Association of Australia and New Zealand, Gold Coast, 01 Jul 2007 - 03 Jul 2007. 1-30. 2007 |
en |
dc.identifier.uri |
http://hdl.handle.net/2292/16578 |
en |
dc.description.abstract |
Some authorities believe that auditors impair their independence if they carry out nonaudit services for their audit clients. Perhaps auditors cut their audit fees to get access to consulting work, and then skimp on the audit work or give into client pressure. However, empirical studies do not find that audit fees are lower when the auditor is getting fees for non-audit work – more commonly, they find a positive relationship. This relationship is hard to explain. It is possible that different types of non-audit services have different effects on audit fees. A previous study (Beck et al., 1988b) suggested recurring and nonrecurring services have different effects on auditor independence. The potentially differing effects of recurring and non-recurring non-audit services have not been examined much in previous research, as data is hard to obtain. However, companies in New Zealand publish some key pieces of data – a description of the nature of any nonaudit services in the auditor’s report, and the fees for total non-audit services in the accounts – for the period from 1995 onwards. This unique data allows us to test whether recurring and non-recurring services have differing effects. The paper contributes by showing that it is not the case that auditors discount their fees for either recurring or nonrecurring non-audit services. Further examination of this data suggests companies which purchase consulting services from their auditor are substantially different from those that purchase auditing only or auditing and tax and the determinants of their audit fees differ significantly. |
en |
dc.description.uri |
http://www.afaanz.org/openconf/afaanz/papers.php |
en |
dc.relation.ispartof |
Accounting & Finance Association of Australia and New Zealand |
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dc.rights |
Items in ResearchSpace are protected by copyright, with all rights reserved, unless otherwise indicated. Previously published items are made available in accordance with the copyright policy of the publisher. |
en |
dc.rights.uri |
https://researchspace.auckland.ac.nz/docs/uoa-docs/rights.htm |
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dc.title |
Recurring and non-recurring services provided by auditors |
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dc.type |
Conference Item |
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pubs.begin-page |
1 |
en |
pubs.author-url |
http://www.afaanz.org/openconf/2007/afaanz/papers.php |
en |
pubs.end-page |
30 |
en |
pubs.finish-date |
2007-07-03 |
en |
pubs.start-date |
2007-07-01 |
en |
dc.rights.accessrights |
http://purl.org/eprint/accessRights/RestrictedAccess |
en |
pubs.subtype |
Conference Paper |
en |
pubs.elements-id |
72123 |
en |
pubs.org-id |
Business and Economics |
en |
pubs.org-id |
Accounting and Finance |
en |
pubs.record-created-at-source-date |
2010-09-01 |
en |