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dc.contributor.authorRainsbury, Liz
dc.contributor.authorHay, D.
dc.contributor.authorVan Dyk, D.
dc.description.abstractThis study examines the impact of audit quality reviews by the Financial Markets Authority (FMA) on the audit fees of New Zealand listed companies. The FMA commenced audit quality reviews in 2013. This study examines audit fees from 2009 to 2016 and compares audit fees over the three years before and the four years after quality reviews began. We find evidence of significantly higher audit fees for smaller listed companies after the introduction of audit quality reviews, with minimal impact for larger companies. The New Zealand results suggest that increased costs associated with regulation were able to be absorbed by audit firms in respect of their larger audit clients but not their smaller clients. This may be a reflection of the small and concentrated audit market for listed companies in New Zealand. In conclusion, the introduction of mandatory audit quality reviews has had greater economic consequences for smaller listed companies, which have experienced a significant increase in audit fees.en_NZ
dc.rightsAll rights reserveden_NZ
dc.subjectNew Zealanden_NZ
dc.subjectlisted companiesen_NZ
dc.subjectaudit qualityen_NZ
dc.subjectaudit feesen_NZ
dc.titleThe impact of audit quality reviews on audit fees of New Zealand listed companiesen_NZ
dc.typeConference Contribution - Oral Presentationen_NZ
dc.subject.marsden150102 Auditing and Accountabilityen_NZ
dc.identifier.bibliographicCitationRainsbury, E., Hay D., Van Dyk, D. (2020, December). The Impact of Audit Quality Reviews on Audit fees of New Zealand Listed Companies. Paper presented at the Inaugural XRB Research Forum, Virtual.en_NZ
unitec.publication.titleInaugural XRB Research Forumen_NZ
unitec.conference.titleInaugural XRB Research Forumen_NZ
unitec.conference.orgExternal Reporting Board (N.Z.)en_NZ
dc.contributor.affiliationUnitec Institute of Technologyen_NZ
dc.contributor.affiliationUniversity of Aucklanden_NZ
unitec.institution.studyareaAccounting and Financeen_NZ

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