What happened to audit fees during the coronavirus pandemic? [Presentation at EAA Annual Congress]

Hassan, Omaima; Zhang, Xin

Abstract

This study explores the extent and significance of abnormal (unexpected) audit fees during the coronavirus pandemic using a sample of four European countries over the period 2014 to 2020. The emergence and widespread of COVID-19 and the containment measures applied worldwide have affected businesses irrespective of their size, sector, or country of operation, and the audit profession is no exception. There were concerns that this situation might undermine audit quality, hence different professional and regulatory bodies have issued guidance to auditors. Academic investigation on the effect of COVID-19 on audit so far is limited and tends to be desk research only. A few empirical papers have emerged, but they are domestic (Egypt, Jordan, Sweden) and tend to focus on the effect of COVID-19 on audit quality.

Citation

HASSAN, O. and ZHANG, X. 2022. What happened to audit fees during the coronavirus pandemic? Presented at the 44th European Accounting Association annual congress (EAA 2022), 11-13 May 2022, Bergen, Norway.

• Presentation Conference Type: Lecture
• Conference Name: 44th European Accounting Association annual congress (EAA 2022)
• Conference Location: Bergen, Norway
• Start Date: May 11, 2022
• End Date: May 13, 2022
• Deposit Date: Jul 25, 2022
• Publicly Available Date: Jul 25, 2022
• Keywords: Auditors; Audit fees; COVID-19; Business; Europe
• Public URL: https://rgu-repository.worktribe.com/output/1716702