Earticle

초록

영어

This study investigates the association between corporate international diversification and audit fees and audit hours. Korean firms’ overseas investment has rapidly increased in recent years and the trend of international diversification is expected to accelerate in the future. Thus, it is important to investigate how auditors respond to globally diversified firms. Our empirical findings show that internationally diversified firms incur higher audit fees and audit hours. This suggests that auditors perceive global diversification as being a higher business risk and require higher external audit fees so that they can decrease audit risk arising from inherent organizational complexity. Further, auditors expand audit procedures to collect more audit evidences, exerting increased audit effort. This study provides empirical evidences that corporate global diversification results in higher audit fees and audit hours. Auditors may refer to these results when planning their audit and determining audit fees and audit hours.

목차

Abstract
1. INTRODUCTION
2. RESEARCH DESIGN
2.1 Model
2.2 Data
3. EMPIRICAL RESULTS
4. CONCLUSION
ACKNOWLEDGEMENT
REFERENCES

키워드

저자

• Jungeun Cho [ College of Business Administration, Pukyong National University, Korea ] Corresponding author

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  International Journal of Advanced Culture Technology(IJACT)

• 간기

  계간

• pISSN

  2288-7202

• eISSN

  2288-7318

• 수록기간

  2013~2025

• 등재여부

  KCI 등재

• 십진분류

  KDC 600 DDC 700