Governance regulatory changes, International Financial Reporting Standards adoption, and New Zealand audit and non-audit fees: empirical evidence

被引：55

作者：

Griffin, Paul A. ^{[1
]}

Lont, David H. ^{[2
]}

Sun, Yuan ^{[3
]}

机构：

[1] Univ Calif Davis, Grad Sch Management, Davis, CA 95616 USA

[2] Univ Otago, Sch Business, Dunedin 9054, New Zealand

[3] Univ Calif Berkeley, Haas Sch Business, Berkeley, CA 94720 USA

来源：

ACCOUNTING AND FINANCE | 2009年 / 49卷 / 04期

关键词：

Audit fees; Auditor independence; Governance regulations; International Financial Reporting Standards; Non-audit fees; NZ IFRS; Sarbanes-Oxley Act; C30; K22; L80; M40; M41; SERVICES; INDEPENDENCE; MARKET;

D O I：

10.1111/j.1467-629X.2009.00310.x

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This study examines the association between overseas and New Zealand governance regulatory reforms and New Zealand companies' audit and non-audit fees. Our models use temporal and International Financial Reporting Standards (IFRS) indicator variables to relate the timing of the fee changes to the incidence of the overseas and local reforms. We find that audit fees increased in New Zealand over 2002-2006. Such increases associate reliably with the transition to and adoption of NZ IFRS and not with earlier overseas governance reforms. Our study also documents a decrease in non-audit fees over the same period, but we find no IFRS effect for non-audit fees.

引用

页码：697 / 724

页数：28

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