The escalation of the global economic and financial crisis, despite the fact that several years have passed since the beginning of the crisis, is still hitting the economies of countries. The financial crisis of 2008 has had a severe effect on the global economy. Contrary to previous accounting scandals, the auditing profession has remained relatively silent in the face of this crisis. Auditors' response to the financial crisis and the perceived audit risk during the financial crisis may vary. The financial crisis reveals systemic risks that are not well understood by auditors in non-critical periods, and these risks are significantly lower in non-critical periods. This study examines audit fees and perceived risk during the financial crisis. This research has been conducted on 99 companies listed on the Tehran Stock Exchange during the period 2008-2017. The research hypotheses were tested using Eviews software. The results showed that the financial crisis has a significant effect on audit fees and the restatement of financial statements during the financial crisis does not have a significant effect on audit costs.
Abbasian, Y. (2019). Examining audit fees and perceived risk during the financial crisis. New Applied Studies in Management, Economics & Accounting, 2(1), 103-119. doi: 10.22034/nasmea.2019.181520
MLA
Yekta Abbasian. "Examining audit fees and perceived risk during the financial crisis". New Applied Studies in Management, Economics & Accounting, 2, 1, 2019, 103-119. doi: 10.22034/nasmea.2019.181520
HARVARD
Abbasian, Y. (2019). 'Examining audit fees and perceived risk during the financial crisis', New Applied Studies in Management, Economics & Accounting, 2(1), pp. 103-119. doi: 10.22034/nasmea.2019.181520
VANCOUVER
Abbasian, Y. Examining audit fees and perceived risk during the financial crisis. New Applied Studies in Management, Economics & Accounting, 2019; 2(1): 103-119. doi: 10.22034/nasmea.2019.181520
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