Client-Auditor Supply Chain Relationships, Audit Quality, and Audit Pricing
研究了审计师在城市的供应链知识（了解供应商及其大客户的会计审计问题）与审计质量和审计费用的关系，发现城市级供应链知识能提高审计质量并降低审计费用，尤其对收入依赖大客户的供应商公司效果更强。
SUMMARY: We investigate the association between auditors' supply chain knowledge and companies' audit quality and audit pricing. Auditor supply chain knowledge is a specialized understanding of information and processes regarding accounting and auditing issues that relates to both a supplier and its major customer, regardless of industry commonalities, that is particularly useful for understanding complexities associated with the revenue cycle. We find that auditors' supply chain knowledge at the city level is associated with higher audit quality and lower audit fees, compared to companies employing auditors with supply chain knowledge at the national level or employing auditors without supply chain knowledge. Such effects are stronger for supplier companies that derive a high proportion of revenue from their major customers, and when the revenue cycle for the supplier companies is more important. We obtain these results while controlling for the usual determinants of audit quality and fees, along with auditors' industry specialization.