비감사서비스와 감사보수로 측정한 감사인의 독립성과의 관련성

• 영문명: A Study on the Relationship Between Non-Audit Service and Auditor Independence Measured by Audit Fee
• 발행기관: 건국대학교 경제경영연구소
• 저자명: 김호중(Ho jung Kim) 우정현(Jung hyun Woo) 김미옥(Mi oak Kim)
• 간행물 정보: 『상경연구』제29권 제2호, 207~241쪽, 전체 35쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2004.11.30

영문 초록

The question of whether an auditor should be permitted to provide non-audit services to an audit client has been recently debated. It has been argued that providing both audit and non-audit services to the same clients may create a conflict of interests, particularly when an auditor may treat the audit service as a “loss leader” to trigger non-audit service contracts that generally produce high revenues to the auditor. The auditor supplying both audit and non-audit services to the same clients would hesitate to issue honest audit opinions for fear that he/she would lose his/her lucrative business, non-audit services. If that’s the case, providing both services to the same clients should be a serious threat to the nexus of audit services-auditor independence. In this study, we examine the effect on audit fees of providing both audit and non-audit service to the same clients. If auditors tend to use the audit service as a “loss leader” to attract lucrative non-audit services from the same clients, audit fees would be sharply cut down, and thus the audit quality wold be deteriorated. In this sense, the audit fee may proxy the auditor independence. The empirical results show that audit fees for clients who purchase non-audit services from their auditors are higher than those for clients who do not do so. They imply that, contrary to the public concerns, the auditor independence is not weakened, rather maybe strengthened, when auditors provides non-audit services to the same clients. The results are consistent with previous studies, suggesting that the provision of both services to the same clients could improve the audit quality from a beneficial knowledge spillover between services. The regulators and policy authorities may have to be more cautious when they intend to prohibit auditors from supplying various non-audit services to the same clients.

목차

I. 서론

II. 비감사서비스의 관련제도와 제한 및 비감사서비스 제공현황

III. 비감사서비스와 감사인 독립성에 관한 선행연구

IV. 연구설계

V. 실증분석 결과

VI. 결론

참고문헌

Abstract