Self-regulation versus government oversight: audit fees research
本文通过文献计量和内容分析，研究了萨班斯-奥克斯利法案前后审计费用研究主题的变化，发现监管变化使研究更关注客户治理结构和审计特征，并讨论了其他司法管辖区监管措施的意外后果。
Purpose With Sarbanes–Oxley Act of 2002 (SOX), the self-regulation of the auditing profession was replaced with standard setting and oversight by the government. The authors focus on the audit fees literature to examine how this change impacted research trends over time and shaped different aspects of audits. Design/methodology/approach The authors utilized bibliometric and content analysis to identify research themes pre- and post-SOX. Findings The change in regulation contributed to an increased focus on clients and continued interest in engagement characteristics as added requirements emphasized the client's governance structure, the auditor's tenure and the type of services provided. Originality/value The prominent issue that emerged is how deficiencies in the audit processes and in the client's internal controls are translated into audit fees. The authors discuss regulatory initiatives pursued in other jurisdictions, including mandatory rotation of firms, joint audits and further limitations on non-audit services, as intended and unintended consequences of these requirements warrant further examination.