财务报告可读性与审计费用:来自中国的证据

IF 2.1 4区 管理学 Q2 BUSINESS, FINANCE
Dongliang Yuan, Xiaojuan Yang, Rong Qin, Jianglong Yu
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引用次数: 0

摘要

本研究探讨财务报告可读性对审计费用的影响。此外,本文还从信息提供、信息传递和信息接受的角度探讨了各种语境因素如何影响可读性与审计费用之间的关系。本研究以中国上市公司为研究对象,发现财务报告可读性对审计费用有显著的负向影响。然而,年报相似性、董事会秘书的社会资本和审计师的行业专业知识削弱了这种联系。此外,本研究表明,审计费用的增加是由于审计延迟的延长和低可读性导致的信息不对称。通过提供实证证据来证实提高文本可读性要求的基本原理和必要性,本研究可以为企业提供有价值的见解,以提高其与外部利益相关者的信息沟通的有效性,这对于提高财务报告质量非常重要,并且符合准则制定者的主要关注点。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Financial report readability and audit fees: Evidence from China

This study investigates the impact of the readability of financial reports on audit fees. Moreover, it explores how various contextual factors affect the relationship between readability and audit fees from the perspectives of information provision, transmission and reception. Considering listed firms in the Chinese market, this study demonstrates the significant negative effect of financial report readability on audit fees. However, this association is weakened by annual report similarity, the board secretary's social capital and auditors' industry expertise. Furthermore, this study demonstrates that audit fees increase because of both prolonged audit delays and information asymmetry resulting from low readability. By presenting empirical evidence to substantiate the rationale and necessity for enhanced textual readability requirements, this research can provide valuable insights for corporations to improve the effectiveness of their information communication to external stakeholders, which is very important for enhancing financial report quality and aligns with the primary focus of standard setters.

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来源期刊
CiteScore
3.70
自引率
15.00%
发文量
43
期刊介绍: In addition to communicating the results of original auditing research, the International Journal of Auditing also aims to advance knowledge in auditing by publishing critiques, thought leadership papers and literature reviews on specific aspects of auditing. The journal seeks to publish articles that have international appeal either due to the topic transcending national frontiers or due to the clear potential for readers to apply the results or ideas in their local environments. While articles must be methodologically and theoretically sound, any research orientation is acceptable. This means that papers may have an analytical and statistical, behavioural, economic and financial (including agency), sociological, critical, or historical basis. The editors consider articles for publication which fit into one or more of the following subject categories: • Financial statement audits • Public sector/governmental auditing • Internal auditing • Audit education and methods of teaching auditing (including case studies) • Audit aspects of corporate governance, including audit committees • Audit quality • Audit fees and related issues • Environmental, social and sustainability audits • Audit related ethical issues • Audit regulation • Independence issues • Legal liability and other legal issues • Auditing history • New and emerging audit and assurance issues
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