IDEAS home Printed from https://ideas.repec.org/a/ris/amjoms/0024.html
   My bibliography  Save this article

Firm'S Size, A Determinant Of An Abnormal Audit Fees In Nigeria

Author

Listed:

Abstract

The issue relating to audit fees has been lingering over the years; on what constitute a normal audit fees and an abnormal audit fees. Like it has been explained that an abnormal audit fee is the difference between the expected audit fee and the actual audit fees paid. This therefore motivated and led to the study of the evaluation of firm's size, a determinant of an abnormal audit fees in Nigeria; using the various variables. The study made use of the descriptive statistics; the correlation matrix; histogram normality test; trend movement and the panel least square regression method to elucidate the findings. The finding revealed that Firms' Size (FSIZE) has a significant negative effect on Abnormal Audit Fees. The policy implication is that larger firms' are often the victims of abnormal audit fees than smaller firms' in Nigeria; therefore, policies should be targeted towards looking at the implication of abnormal audit fees on large firms

Suggested Citation

  • Ife Oluwatomisin, Owagbeyegun, & Theodora Awele, Biwei, & Moses Omoniyi, Adeboye,, 2020. "Firm'S Size, A Determinant Of An Abnormal Audit Fees In Nigeria," Multidisciplinary Journal of Management Sciences, Association of Forensic Accounting Researchers (AFAR), vol. 2(2), pages 142-159, December.
    • Handle: RePEc:ris:amjoms:0024
    as

    Download full text from publisher

    File URL: https://www.afarng.org/wp-content/uploads/2022/03/AFAR-MJMS-Vol-2-Issue-2-Dec-2020.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Reynolds, J. Kenneth & Francis, Jere R., 2000. "Does size matter? The influence of large clients on office-level auditor reporting decisions," Journal of Accounting and Economics, Elsevier, vol. 30(3), pages 375-400, December.
    2. DeAngelo, Linda Elizabeth, 1981. "Auditor size and audit quality," Journal of Accounting and Economics, Elsevier, vol. 3(3), pages 183-199, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Garcia-Blandon, Josep & Argiles-Bosch, Josep Maria & Castillo-Merino, David & Martinez-Blasco, Monica, 2017. "An Assessment of the Provisions of Regulation (EU) No 537/2014 on Non-audit Services and Audit Firm Tenure: Evidence from Spain," The International Journal of Accounting, Elsevier, vol. 52(3), pages 251-261.
    2. Chang, Yu-Shan & Chiang, Chia-Yu & Liu, Li-Lin (Sunny) & Xie, Xinmei (Lucy), 2019. "Audit partner independence and business affiliation: evidence from Taiwan," Advances in accounting, Elsevier, vol. 46(C), pages 1-1.
    3. Hwang, Seokyoun & Sarath, Bharat & Han, Seung-youb, 2022. "Auditor independence: The effect of auditors’ quality control efforts and corporate governance," Journal of International Accounting, Auditing and Taxation, Elsevier, vol. 47(C).
    4. repec:mth:ijafr8:v:9:y:2019:i:1:p:135-151 is not listed on IDEAS
    5. Rita Lamboglia & Daniela Mancini, 2021. "The relationship between auditors’ human capital attributes and the assessment of the control environment," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 25(4), pages 1211-1239, December.
    6. Morouf Adeniyi Opeyemi , Salami, & A.S., Oduguwa,, 2020. "Effect Of Integrity On Employees' Commitment In Selected Deposit Money Banks In Oyo State," Multidisciplinary Journal of Management Sciences, Association of Forensic Accounting Researchers (AFAR), vol. 2(2), pages 84-95, December.
    7. Esther A. Olanrewaju , Sanya, & Ebinimi Adesewa, Ifidi,, 2020. "Influence Of Non-Financial Rewards On Employee Performance Among Selected Manufacturing Industry In Ibadan," Multidisciplinary Journal of Management Sciences, Association of Forensic Accounting Researchers (AFAR), vol. 2(2), pages 47-61, December.
    8. Kenneth J. Reichelt & Dechun Wang, 2010. "National and Office‐Specific Measures of Auditor Industry Expertise and Effects on Audit Quality," Journal of Accounting Research, Wiley Blackwell, vol. 48(3), pages 647-686, June.
    9. Stefan Sundgren & Tobias Svanström, 2013. "Audit office size, audit quality and audit pricing: evidence from small- and medium-sized enterprises," Accounting and Business Research, Taylor & Francis Journals, vol. 43(1), pages 31-55, February.
    10. Nitai Chandra Debnath & Suman Paul Chowdhury & Safaeduzzaman Khan, 2022. "The impact of audit quality on real earnings management: evidence from Bangladesh," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 19(2), pages 218-231, June.
    11. Sanoran, Kanyarat (Lek), 2018. "Auditors’ going concern reporting accuracy during and after the global financial crisis," Journal of Contemporary Accounting and Economics, Elsevier, vol. 14(2), pages 164-178.
    12. Isaac Selasi Awuye, 2022. "The impact of audit quality on earnings management: Evidence from France," Post-Print hal-03824396, HAL.
    13. Neil Crosby & Steven Devaney & Colin Lizieri & Patrick McAllister, 2018. "Can Institutional Investors Bias Real Estate Portfolio Appraisals? Evidence from the Market Downturn," Journal of Business Ethics, Springer, vol. 147(3), pages 651-667, February.
    14. O. Onyeukwu, Oswald. & C. Churchill , Okoro & Michael I, Nwachukwu,, 2020. "Effect Of Corporate Taxes On Economic Growth Of African Countries," Multidisciplinary Journal of Management Sciences, Association of Forensic Accounting Researchers (AFAR), vol. 2(2), pages 111-130, December.
    15. Xingqiang Du & Yiqi Zhang & Shaojuan Lai & Hexin Tao, 2024. "How Do Auditors Value Hypocrisy? Evidence from China," Journal of Business Ethics, Springer, vol. 191(3), pages 501-533, May.
    16. Jian Cao & Feng Chen & Julia L. Higgs, 2016. "Late for a very important date: financial reporting and audit implications of late 10-K filings," Review of Accounting Studies, Springer, vol. 21(2), pages 633-671, June.
    17. K. F., Farinloye,, 2020. "Perception Of Women'S Involvement In Biodiversity Management And Implications For Community-Based Conservation In Degraded Forests Of Iddo Local Government, Nigeria," Multidisciplinary Journal of Management Sciences, Association of Forensic Accounting Researchers (AFAR), vol. 2(2), pages 74-83, December.
    18. María Consuelo Pucheta‐Martínez & Inmaculada Bel‐Oms & Lúcia Lima Rodrigues, 2019. "The engagement of auditors in the reporting of corporate social responsibility information," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(1), pages 46-56, January.
    19. Alhababsah, Salem & Alhaj-Ismail, Alaa, 2023. "Does shared tenure between audit committee chair and engagement partner affect audit outcomes? Evidence from the UK," The British Accounting Review, Elsevier, vol. 55(2).
    20. Sam Bock Park & Sung-Kyoo Kim & Sangryul Lee, 2021. "Earnings Management of Insolvent Firms and the Prediction of Corporate Defaults via Discretionary Accruals," IJFS, MDPI, vol. 9(2), pages 1-24, March.
    21. Tonbraladoh Sinebe, Michael,, 2020. "Corporate Distress And Firm Management: A Conceptual Review," Multidisciplinary Journal of Management Sciences, Association of Forensic Accounting Researchers (AFAR), vol. 2(2), pages 131-141, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:amjoms:0024. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Daniel Akanbi (email available below). General contact details of provider: https://edirc.repec.org/data/afarnea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.