An analysis of the effect of mandatory fees disclosure on subsequent period fees and audit quality

Project Details

Description

The overall purpose of this proposed project is to obtain a better understanding of the complex consequences of mandatory fee disclosure. Regulators believe that public disclosure of audit and nonaudit fees is essential in preserving auditor independence and ensuring audit quality (European Commission 2006; SEC 2000).

Accordingly, during the last few decades mandatory fee disclosure was implemented in many countries, such as the United States, Australia and the EU countries. We seek to identify the actual consequences in terms of audit pricing and audit quality in the context of mandated fee disclosure. By doing so, we assess whether the regulator’s goals of ensuring high-quality audits is achieved.
AcronymAIIFUND70
StatusActive
Effective start/end date1/01/21 → 31/12/22

Keywords

  • Analysis
  • Mandatory fees disclosure
  • Audit Quality
  • Period fees

Flemish discipline codes

  • Other economics and business not elsewhere classified