What question did this study set out to answer?

To investigate the changes in real audit fees during a period of increased competition in the audit services market.

Competition and Audit Fees.

View Full Paper

Ask AI

Bookmark

To investigate the changes in real audit fees during a period of increased competition in the audit services market.
Analyzed the trends in audit fees between 1977 and 1981
Examined market competition during the specified period
Utilized historical financial data to assess fee changes
Real audit fees showed a decrease from 1977 to 1981
Increased competition in the market correlated with lower audit fees
Findings indicate a significant relationship between market competition and audit pricing

No takes yet. Share an insight, caveat, or question.

Audit fees decreased between 1977 and 1981 in a competitive market, suggesting significant market dynamics.

Maher et al. (1992) studied this question.

View Full Paper

Ask AI

Bookmark