Audit fee as an important factor of

Audit fee as an important factor of audit quality has been used in several studies, specifically in
examining the link between audit quality and the size (e.g., DeAngelo, 1981; Francis, 2004; Hay & Davis,
2004). Greater audit fees are also associated with the choice of qualified auditors (Hay & Davis, 2004). In spite
of higher audit fee, some clients are more interested in using large audit firms. Clients are confident that large
audit firms have greater monitoring and bonding in order to capture higher audit quality (Hay & Davis, 2004).
In terms of the auditor competence and specialization, including technical information and continuing
education, large audit firms hire better professionals in comparison to small size firms. So, the larger the audit
firm the higher auditor’s specialization (and audit quality) is expected and therefore higher audit fees is
achieved (DeAngelo, 1981). For instance, as the demand for higher audit quality as well as additional activities
is increased, higher audit fee is expected for company (Houghton & Jubb, 1999). On the other hand, the
reputation of audit firms can be negatively influenced by high-risk clients, and so, because of such influences,
undoubtedly higher audit fee is charged by larger audit firms (Hogan, 1997).
However, no relationship may be identified in cases of doubts regarding going concern between audit
fees and “going concern opinion” (DeFond et al., 2002), and the “demanding for audit quality” (Lindberg,
2001). Maintaining the reputation, auditors wish to perform an acceptable audit work. In summary, higher
audit fee may result in greater audit quality (Eshleman & Guo, 2014) through increasing audit efforts as well
International Journal of Academic Research in Accounting, Finance and Management Sciences
Vol. 4 (2), pp. 243–254, © 2014 HRMARS
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as the utilization of higher qualified auditors. In terms of brand name, larger audit firms may demand higher
audit fees (Basioudis & Fifi, 2004). In contrary, since large audit firms are willing to preserve their reputation
they do not have incentive to receive higher fees or fee premium as a condition to conduct high audit quality
work.

Kết quả (Việt) 1:

Audit fee as an important factor of audit quality has been used in several studies, specifically in examining the link between audit quality and the size (e.g., DeAngelo, 1981; Francis, 2004; Hay & Davis, 2004). Greater audit fees are also associated with the choice of qualified auditors (Hay & Davis, 2004). In spite of higher audit fee, some clients are more interested in using large audit firms. Clients are confident that large audit firms have greater monitoring and bonding in order to capture higher audit quality (Hay & Davis, 2004). In terms of the auditor competence and specialization, including technical information and continuing education, large audit firms hire better professionals in comparison to small size firms. So, the larger the audit firm the higher auditor’s specialization (and audit quality) is expected and therefore higher audit fees is achieved (DeAngelo, 1981). For instance, as the demand for higher audit quality as well as additional activities is increased, higher audit fee is expected for company (Houghton & Jubb, 1999). On the other hand, the reputation of audit firms can be negatively influenced by high-risk clients, and so, because of such influences, undoubtedly higher audit fee is charged by larger audit firms (Hogan, 1997). However, no relationship may be identified in cases of doubts regarding going concern between audit fees and “going concern opinion” (DeFond et al., 2002), and the “demanding for audit quality” (Lindberg, Năm 2001). duy trì danh tiếng, kiểm toán viên muốn thực hiện một công việc chấp nhận được kiểm toán. Tóm lại, cao kiểm toán chi phí có thể dẫn đến chất lượng kiểm toán lớn hơn (Eshleman & Quách, 2014) thông qua tăng kiểm toán nỗ lực cũng Các tạp chí quốc tế của các nghiên cứu học tập kế toán, tài chính và quản lý khoa họcVol. 4 (2), pp. 243-254, © 2014 HRMARS248như việc sử dụng của kiểm toán viên có trình độ cao hơn. Trong điều khoản của thương hiệu, công ty kiểm toán lớn hơn có thể yêu cầu cao hơn kiểm toán chi phí (Basioudis & Fifi, năm 2004). Trong ngược lại, kể từ khi công ty kiểm toán lớn sẵn sàng để bảo vệ danh tiếng của họ họ không có khuyến khích để nhận được cao hơn chi phí hoặc phí bảo hiểm như là một điều kiện để tiến hành kiểm toán cao chất lượng làm việc.