DocumentCode
3327263
Title
The impact of increased litigation cost on audit pricing premiums and auditors’ client portfolios
Author
Yu Li-sheng ; Wang Yan-Yan
Author_Institution
Sch. of Manage., Xiamen Univ., Xiamen
fYear
2008
fDate
10-12 Sept. 2008
Firstpage
1761
Lastpage
1768
Abstract
This paper investigates the impact of increasing auditor legal liability and differential client risk on audit pricing in China. We find that all auditors have systematically increased their audit fees since 2002. The fee spread between Top8 and non-Top8 auditors also increases significantly.
Keywords
auditing; law administration; pricing; audit pricing premium; auditor legal liability; auditors client portfolio; client risk; litigation cost; Conference management; Costs; Engineering management; Financial management; Law; Legal factors; Portfolios; Predictive models; Pricing; Risk management; audit fees; auditor changes; legal environment; legal liability;
fLanguage
English
Publisher
ieee
Conference_Titel
Management Science and Engineering, 2008. ICMSE 2008. 15th Annual Conference Proceedings., International Conference on
Conference_Location
Long Beach, CA
Print_ISBN
978-1-4244-2387-3
Electronic_ISBN
978-1-4244-2388-0
Type
conf
DOI
10.1109/ICMSE.2008.4669143
Filename
4669143
Link To Document