The relationship between IFRS experience and audit fees in China

This study intended to provide evidence of the effect of the IFRS convergence process on audit fees in China. Moreover, the study investigates whether the integration of IFRS would increase audit costs by studying the relationship between IFRS experience and audit fees for Chinese listed companies....

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Main Author:	Xinyu, Fu
Format:	Thesis
Language:	eng eng eng
Published:	2019
Subjects:	HF5601-5689 Accounting HF5001-6182 Business HF1-6182 Commerce
Online Access:	https://etd.uum.edu.my/9663/1/s823831_01.pdf https://etd.uum.edu.my/9663/2/s823831_02.pdf https://etd.uum.edu.my/9663/3/s823831_references.docx
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id	my-uum-etd.9663
record_format	uketd_dc
spelling	my-uum-etd.96632022-12-28T02:15:09Z The relationship between IFRS experience and audit fees in China 2019 Xinyu, Fu Mohd. Ariff, Arifatul Husna Tunku Puteri Intan Safinaz School of Accountancy (TISSA) Tunku Puteri Intan Safinaz School of Accountancy (TISSA) HF5601-5689 Accounting HF5001-6182 Business HF1-6182 Commerce This study intended to provide evidence of the effect of the IFRS convergence process on audit fees in China. Moreover, the study investigates whether the integration of IFRS would increase audit costs by studying the relationship between IFRS experience and audit fees for Chinese listed companies. This study gathered data from annual reports of 30 A-share and 30 A+H shares of Chinese manufacturing firms listed in Shanghai and Shenzhen stock exchange and Hong Kong stock exchange, respectively for the period 2016 to 2018. Meanwhile, this study quantitatively studies the relationship between the IFRS experience of the auditor and IFRS experience of company and audit fees of the company. Based on an analysis of the study, when the company implement IFRS, it needs to pay auditors with IFRS expertise, higher audit fees, thus increasing the audit cost of the company. However, the study shows that a company with IFRS experience does not affect audit fee. Moreover, this study offers additional evidence for the study of the audit fees generated by the IFRS convergence in China. Therefore, this study also puts forward suggestions that Chinese firms and local audit firms must pay attention to their IFRS-related auditing skills. 2019 Thesis https://etd.uum.edu.my/9663/ https://etd.uum.edu.my/9663/1/s823831_01.pdf text eng public https://etd.uum.edu.my/9663/2/s823831_02.pdf text eng public https://etd.uum.edu.my/9663/3/s823831_references.docx text eng public other masters Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng eng
advisor	Mohd. Ariff, Arifatul Husna
topic	HF5601-5689 Accounting HF5001-6182 Business HF1-6182 Commerce
spellingShingle	HF5601-5689 Accounting HF5001-6182 Business HF1-6182 Commerce Xinyu, Fu The relationship between IFRS experience and audit fees in China
description	This study intended to provide evidence of the effect of the IFRS convergence process on audit fees in China. Moreover, the study investigates whether the integration of IFRS would increase audit costs by studying the relationship between IFRS experience and audit fees for Chinese listed companies. This study gathered data from annual reports of 30 A-share and 30 A+H shares of Chinese manufacturing firms listed in Shanghai and Shenzhen stock exchange and Hong Kong stock exchange, respectively for the period 2016 to 2018. Meanwhile, this study quantitatively studies the relationship between the IFRS experience of the auditor and IFRS experience of company and audit fees of the company. Based on an analysis of the study, when the company implement IFRS, it needs to pay auditors with IFRS expertise, higher audit fees, thus increasing the audit cost of the company. However, the study shows that a company with IFRS experience does not affect audit fee. Moreover, this study offers additional evidence for the study of the audit fees generated by the IFRS convergence in China. Therefore, this study also puts forward suggestions that Chinese firms and local audit firms must pay attention to their IFRS-related auditing skills.
format	Thesis
qualification_name	other
qualification_level	Master's degree
author	Xinyu, Fu
author_facet	Xinyu, Fu
author_sort	Xinyu, Fu
title	The relationship between IFRS experience and audit fees in China
title_short	The relationship between IFRS experience and audit fees in China
title_full	The relationship between IFRS experience and audit fees in China
title_fullStr	The relationship between IFRS experience and audit fees in China
title_full_unstemmed	The relationship between IFRS experience and audit fees in China
title_sort	relationship between ifrs experience and audit fees in china
granting_institution	Universiti Utara Malaysia
granting_department	Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
publishDate	2019
url	https://etd.uum.edu.my/9663/1/s823831_01.pdf https://etd.uum.edu.my/9663/2/s823831_02.pdf https://etd.uum.edu.my/9663/3/s823831_references.docx
_version_	1776103732084211712

The relationship between IFRS experience and audit fees in China

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