Fair value hierarchy’s effect on banking audit fees: Auditor industry specialization as a moderating variable

Monica Sarah Rosa; Viska Anggraita

Fair value hierarchy’s effect on banking audit fees: Auditor industry specialization as a moderating variable

Department of Accounting

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

Abstract

This research examined the effect of fair value hierarchy on audit fees and auditor industry specialization as a moderating variable by using a sample from banking sectors located in Indonesia, Malaysia, the Philippines, Singapore, and Thailand for 2013 to 2015. Empirical results show that auditors charge higher audit fees for auditing financial assets’ fair values that are relatively harder to verify, i.e., levels 2 and 3, rather than level 1. Auditor industry specialization was found to affect audit fees positively, consistent with differentiation strategy. Finally, auditor industry specialization weakens the positive effect of level 3 assets’ fair value on audit fees.

Original language	English
Title of host publication	Accounting, Auditing, CSR, and the Taxation in a Changing Environment
Subtitle of host publication	A Study on Indonesia
Publisher	Nova Science Publishers, Inc.
Pages	355-374
Number of pages	20
ISBN (Electronic)	9781536165180
ISBN (Print)	9781536162776
Publication status	Published - 1 Jan 2019

Keywords

Audit fee
Auditor industry specialization
Banking sector
Fair value hierarchy

Cite this

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Fair value hierarchy’s effect on banking audit fees: Auditor industry specialization as a moderating variable. / Rosa, Monica Sarah; Anggraita, Viska.
Accounting, Auditing, CSR, and the Taxation in a Changing Environment: A Study on Indonesia. Nova Science Publishers, Inc., 2019. p. 355-374.

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

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Fair value hierarchy’s effect on banking audit fees: Auditor industry specialization as a moderating variable

Abstract

Keywords

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