The relationship between non-audit service fees and audit fees in the banking sector in Malaysia
The issue of audit fees and non-audit fees charged by the audit firms has been discussed regularly in accounting and auditing literature. Recently, due to the corporate scandals in United States, the issue is discussed together with a host of revelations about audit failures that led to the companie...
| Main Authors: | , , |
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| Format: | Article |
| Sprog: | English |
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Universiti Utara Malaysia
2007
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| Online adgang: | https://repo.uum.edu.my/id/eprint/1096/1/Rohami_Shafie.pdf |
| _version_ | 1825739765901688832 |
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| author | Shafie, Rohami Che Ahmad, Ayoib Md Ali, Azham |
| author_facet | Shafie, Rohami Che Ahmad, Ayoib Md Ali, Azham |
| author_sort | Shafie, Rohami |
| collection | UUM |
| description | The issue of audit fees and non-audit fees charged by the audit firms has been discussed regularly in accounting and auditing literature. Recently, due to the corporate scandals in United States, the issue is discussed together with a host of revelations about audit failures that led to the companies’ demise. The auditing profession is being badly blamed and some suggest that this could be due to the audit firm’s reliance more on non-audit services rather than the audit itself. Therefore, this study attempts to probe the situation in Malaysia using the banking sector as the subject of interest. Specifically, it tries to examine the impact of non-audit services conducted by audit firms to these banks on audit fees. The results showed that the variable of non-audit fees is statistically significant in determining audit fees as predicted. Further sensitivity analysis showed that the results are robust to different measurements and company size. |
| first_indexed | 2024-07-04T05:15:03Z |
| format | Article |
| id | uum-1096 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T05:15:03Z |
| publishDate | 2007 |
| publisher | Universiti Utara Malaysia |
| record_format | eprints |
| spelling | uum-10962010-10-03T07:51:09Z https://repo.uum.edu.my/id/eprint/1096/ The relationship between non-audit service fees and audit fees in the banking sector in Malaysia Shafie, Rohami Che Ahmad, Ayoib Md Ali, Azham HF5601 Accounting The issue of audit fees and non-audit fees charged by the audit firms has been discussed regularly in accounting and auditing literature. Recently, due to the corporate scandals in United States, the issue is discussed together with a host of revelations about audit failures that led to the companies’ demise. The auditing profession is being badly blamed and some suggest that this could be due to the audit firm’s reliance more on non-audit services rather than the audit itself. Therefore, this study attempts to probe the situation in Malaysia using the banking sector as the subject of interest. Specifically, it tries to examine the impact of non-audit services conducted by audit firms to these banks on audit fees. The results showed that the variable of non-audit fees is statistically significant in determining audit fees as predicted. Further sensitivity analysis showed that the results are robust to different measurements and company size. Universiti Utara Malaysia 2007 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/1096/1/Rohami_Shafie.pdf Shafie, Rohami and Che Ahmad, Ayoib and Md Ali, Azham (2007) The relationship between non-audit service fees and audit fees in the banking sector in Malaysia. International Journal of Management Studies (IJMS), 14 (1). pp. 61-87. ISSN 0127-8983 http://ijms.uum.edu.my |
| spellingShingle | HF5601 Accounting Shafie, Rohami Che Ahmad, Ayoib Md Ali, Azham The relationship between non-audit service fees and audit fees in the banking sector in Malaysia |
| title | The relationship between non-audit service fees and audit fees in the banking sector in Malaysia |
| title_full | The relationship between non-audit service fees and audit fees in the banking sector in Malaysia |
| title_fullStr | The relationship between non-audit service fees and audit fees in the banking sector in Malaysia |
| title_full_unstemmed | The relationship between non-audit service fees and audit fees in the banking sector in Malaysia |
| title_short | The relationship between non-audit service fees and audit fees in the banking sector in Malaysia |
| title_sort | relationship between non audit service fees and audit fees in the banking sector in malaysia |
| topic | HF5601 Accounting |
| url | https://repo.uum.edu.my/id/eprint/1096/1/Rohami_Shafie.pdf |
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