Effect of Audit Fee on Audit Opinion

Subject Areas : Management Accounting

بهمن  بنی مهد ¹ (ندارد)
مهدی  مرادزاده فرد ² (ندارد)
مهدی  زینالی ³ (ندارد)

Received: 2012-05-01 Accepted : 2012-07-05 Published : 2013-03-09

Keywords: Audit Report, Audit Fee, Audit Opinion and Auditor's In,

Abstract :

Large audit fee can create economical dependence between auditor and clients.Because auditors may represent a clean report to maintain clients and earn more auditfees. This may cause a doubt on auditor's independence. In this paper, we havedetermined the impact of audit fee on unqualified audit report over a 9- periodfrom 2002 to 2010 in 144 firms listed in Tehran Stock Exchange. Research methodis correlation and hypotheses test are done by logistic regression. Findings of ourresearch show that, audit fee has a positive relation with unqualified audit report.The results of this study also show firm size, loss report and firm age affect onunqualified audit report. Another variables such as auditor change, auditor type andauditor tenure don't affect on unqualified audit report.