The Effect of PCAOB on Auditing Fee
외국회계감독기구의 등록이 감사보수에 미치는 영향

Min Yoon, Jin-Soo Lee
2016 Journal of Digital Convergence  
PCAOB conducts the direct supervision for the PCAOB registered accounting firm. Therefore, if an accounting firm is registered with the PCAOB, it will thoroughly manage for their quality management systems. The registered auditor can be expected to have better quality of the audit. This study carried out the analysis using the audit fee which proxies for audit quality. The results of analysis are as follows. After controlling for foreign accounting firms affiliated status, company size, risky
more » ... mpany size, risky assets, leverage, ROA, and market-related variables, PCAOB is a significant explanatory variable for the audit fees. The results of this study support the hypothesis that PCAOB-registered auditors will provide a good audit quality.
doi:10.14400/jdc.2016.14.12.111 fatcat:m3ltuttpc5gobhllcksq75mree