The determinants of auditing fees: A review of recent knowledge

• In Event: SESSION 8C: Auditing

Abstract

The determinants of auditing fees have been of interest to accountants since Simunic (1980) first developed an empirical audit fee model in the private sector using publicly traded companies on the stock exchange. Interest in this area has been extended to various sectors of the economy, and other countries in the world. This paper is a discussion of some important empirical studies relating to auditing fees, and their contributions to an understanding of the factors that determine auditing fees. The paper is divided into three groups namely studies dealing with data from the United States, studies using data from other developed countries, and studies using data from developing economies.

Authors

• uchenna akpom, University of West Alabama

• Young Dimkpah, Virginia State University