Reporting Connectivity, Audit Quality, and Audit Fees
研究发现企业将可持续性披露与财务报表连接的程度越高，审计质量和审计费用也越高，表明这类披露对审计师有用但增加了工作复杂性。
Regulatory and standard‐setting bodies are engaging in stakeholder consultation on connectivity, a practice to connect sustainability‐related disclosures with financial statements. We provide empirical evidence of the impact of reporting connectivity on auditors, which is important as several revised Public Company Accounting Oversight Board Auditing Standard (ASs) and International Standards on Auditing (ISAs) highlight the importance of understanding sustainability‐related financial disclosures for auditors. We find a positive association between the level of connectivity and audit quality, as well as audit fees. This suggests that sustainability‐related financial disclosures are useful to auditors but increase the complexity of their work. Additional analyses reveal that the observed effects are contingent on the financial materiality of sustainability‐related issues to the business.